Aspire Technology Solutions

Established in 2006 by Chris Fraser and Nigel Begg, Aspire Technology Solutions has evolved from a two-person operation into a prominent UK provider of managed IT, cybersecurity, and modern workplace solutions. The company is headquartered in Gateshead, with a strategic presence in Glasgow, Leeds, London, and Stockton-on-Tees. Fraser, who also serves as CEO, previously worked as a Senior Consultant at Waterstons Ltd and studied at Newcastle University.

Aspire has demonstrated a strong growth trajectory, both organically and through strategic acquisitions. A significant milestone was the minority investment from private equity firm LDC in March 2022, which valued the company at £85 million and is fueling its UK expansion. This has been followed by the acquisition of Glasgow-based Cloud Cover IT in December 2023 and Leeds-based CloudCoCo Limited in October 2024, significantly expanding its footprint in Scotland and Yorkshire. For the fiscal year ending February 2025, the company reported revenue of £50.9 million, a 28% increase from the previous year, with adjusted EBITDA rising by a third to £8.8 million. Recurring revenues from long-term service contracts constitute a substantial 83% of total revenue.

The company's business model is centered on providing a comprehensive suite of technology services to a diverse client base of over 2,000 customers, which includes SMEs, public sector bodies, and large enterprises like Barbour and the Royal Household. In May 2025, Aspire was awarded a Royal Warrant from King Charles III for its services. Its service portfolio encompasses managed IT services under the 'RealCARE' brand, cybersecurity, cloud solutions, connectivity, and unified communications. Aspire has invested heavily in its infrastructure, including a private cloud technology stack, a next-generation Security Operations Centre (SOC) for 24/7 monitoring, and its own full-fibre network offering high-speed connectivity. This focus on service is reflected in a high Net Promoter Score (NPS) of 87.2.

Keywords: managed IT services, cybersecurity provider, modern workplace solutions, cloud services, connectivity solutions, unified communications, IT support, Security Operations Centre (SOC), private cloud, network infrastructure, UK IT provider, Chris Fraser, LDC investment, Cloud Cover IT acquisition, CloudCoCo acquisition, Royal Warrant holder, IT consulting, full-fibre network, business technology, data centre solutions