APSU was established in 2011 following a merger between Apex Computers International Ltd (formed in 1989), an IBM mid-market infrastructure business, and AssurIT (formed in 1996), an IBM managed-services company. Already a technology pioneer delivering cloud-based services into the IBM mid-range market before any other company, APSU’s service portfolio has grown to include technical consultancy, procurement, managed services, in-store and on-line retail solutions, cloud hosting and physical co-location. The merged company was quickly recognised by IBM as a strategic partner. APSU now sits on IBM’s Worldwide Cloud Advisory Council and is the UK’s only representative on IBM’s Global Business Partner Advisory Council. It is also the most highly accredited IBM business partner in Europe and became IBM’s first partner to secure MSP accreditation for their Managed Services Partner program in the UK.
Company growth
Type
Private
HQ
South Cerney, GB
Founded
1989
Size (employees)
60 (est)-15%
APSU was founded in 1989 and is headquartered in South Cerney, GB

APSU Office Locations

APSU has office in South Cerney
South Cerney, GB

APSU Metrics

APSU Summary

Founding Date

1989

Total Funding

$11.2 M

Latest funding size

$11.2 M

Time since last funding

over 2 years

Investors

We estimate that APSU's latest funding round in October 2014 was $11.2 M. In total, APSU has raised $11.2 M

APSU Financials

We estimate that APSU's revenue is £16.7 M in FY, 2014 which is 17.01% decrease from the previous period.
FY, 2014FY, 2013

Revenue

£16.7 M£20.2 M

Revenue growth, %

-17.0%

Cost of sales

£9.8 M£13.5 M

Gross profit

£6.94 M£6.69 M

Gross profit Margin, %

41.5%33.2%

Operating expense total

£6.12 M£6.67 M
We estimate that APSU's current employees are approximately 9% female and 91% male.

APSU Online Presence

APSU Company Life

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