Security VAD Infinigate Group has increased its revenue to €650 million in the past fiscal year. Strong growth in the MSP/Cloud environment and in the SMB market confirms strategic direction. The past fiscal year 2020/21 (1.4.2020 - 31.3.2021) was the fifteenth consecutive record year for the Infinigate Group. Fifteen years ago, revenues were still at €18 million. Thanks to strong organic growth coupled with an acquisition strategy, Infinigate Group has become Europe's leading VAD company with an exclusive focus on cyber security over the past decade. focus on cyber security.
Growth in the MSP/Cloud and SMB businesses has been strong, up over 24% year-on-year. The need to equip companies with cybersecurity is also increasing in connection with the accelerated digitalisation of all business processes.
At the beginning of 2021, a strategic investor, Bridgepoint, entered the scene, replacing H.I.G, which had accompanied the Infinigate Group in its strong growth for almost 4 years. With Bridgepoint, a partner has been found for the further global expansion of the group outside the existing 11 markets in Europe.
The Infinigate Group will continue to focus on geographic expansion and will make further acquisitions to increase its reach and appeal to security vendors. "Our vendors frequently ask us to expand geographically, as they value our security-focused strategy and the quality of our value-added services", said Klaus Schlichtherle, CEO of the Infinigate Group. "We will therefore look for suitable candidates for the acquisition in Europe, but also outside Europe, in order to integrate them into our group in line with our quality requirements."