Established in 2006, Aspire Technology Solutions (Aspire) supports more than 2000 organisations across the UK with enterprise-grade technology services spanning managed IT, cyber security, modern workplace, cloud, connectivity and unified communications.
With a robust portfolio of services and a dedicated team of over 300, Aspire is committed to delivering innovative solutions to help organisations innovate, become more efficient and grow quicker.
LDC backed the management team in 2022, with a significant minority investment in a transaction that valued the business at £85m. LDC is now helping the management team to pursue an ambitious organic and acquisitive growth strategy to expand its UK footprint and suite of services. In the same year, it received an ‘excellent’ rating for its Environmental, Social and Governance (ESG) performance from Sustainable Advantage, one of the UK’s leading energy and waste consultants.
Working with a leading investor that’s right on our doorstep in the North East was really important to us. LDC has an extensive history of supporting businesses just like ours to grow.”
Expanding its services and footprint
In 2024, Aspire moved into a larger city centre office, located in the heart of Glasgow’s vibrant commercial district.
The business has also been on an acquisitive growth journey, completing the acquisitions of Cloud Cover IT, a dynamic managed service provider based in Glasgow and Leeds-based CloudCoCo, an experienced managed service provider.
In May 2025, Aspire was awarded a Royal Warrant, an exceptional mark of excellence granted to companies serving the Royal Household. One of just 16 North East businesses to hold this honour, Aspire was recognised as the supplier of IT and data cabling.
Significant Growth
In the financial year ending February 2025, Aspire surpassed its £50m revenue target for 2027 two years ahead of schedule. Revenue increased by 28% to £50.9m (FY24: £39.6m) and adjusted EBITDA rose by 33% to £8.8m (FY24: £6.6m). Performance was underpinned by £1.7m in technology investment, including private cloud and network enhancements, alongside new AI-powered tools that improved service speed and resolution.
We’re proud of the growth we’ve achieved, but even more so of the trust our customers continue to place in us.”
Raising the ambition bar
Featured in Commsdealer, Aspire CEO Chris Fraser outlines the set of strategic principles that remain unchanged from the day the MSP was established.
Read MoreAwards
Sustainability in Tech Award
Dynamites24 Awards
Entrepreneur of the Year (Chris Fraser)
North East Dealmakers Awards 2024
SME Sustainability Award
North East Automotive Alliance Awards 2023
100 fastest-growing technology companies in the North of England and Scotland (No. 99)
Northern Tech Awards 2022