Daisy Group Explained

Daisy Group Holdings Limited
Trading Name:	Daisy
Type:	Private Limited company
Industry:	Information Technology

Daisy Group Holdings Limited, trading as Daisy Group or simply Daisy,^[1] is a British business-to-business (B2B) provider of IT, communications, and cloud services to UK organizations. Today, Daisy Group has two operational divisions: Daisy Corporate Services and Daisy Communications.^[2] Their head office is in Nelson, Lancashire, England, and they also have a number of other offices throughout the UK, including Birmingham, Bristol, Farnborough, Glasgow, Horsham, Leeds, London, Manchester, Nottingham, Reading, Romford, Sevenoaks and Wakefield.^[3]

History

The Daisy Group was founded in 2001 by Founder and Chairman Matthew Riley, who aimed to disrupt a monopolized business market and target an under-resourced business community with the benefit of being bound to no single network or supplier.

From a small start-up, the business experienced rapid organic growth and was named the fastest-growing technology business in the UK in the 2005 Sunday Times’ Tech Track.

In 2009, the business floated on the London Stock Exchange's Alternative Investment Market (AIM). In December 2014, Daisy once again became a private company^[4] in order to embark on its next stage of growth.

Acquisitions

The following businesses (or certain assets from) were acquired by Daisy Group and integrated within their business:

• Vialtus,^[5] AT Communications (ATC), Eurotel, and Redstone^[6] (2009)
• Data and telecoms companies:  BNS,^[7] Murphx,^[8] SpiriTel,^[9] Outsourcery,^[10] Telinet,^[11] and Worldwide (2010-2012)
• IT companies: Net Crowd,^[12] Indecs,^[13] Layer 3,^[14] and Daisy Data Centre (2013-2014)
• IT company Damovo UK^[15] and Managed Service Provider Phoenix IT Group (2015)^[16]
• Managed Services: Alternative Networks (2016)^[17]
• Cyber Security specialist: ECSC (2023)^[18]

External links

• Official Daisy Comms website
• Daisy Corporate Services website
• Daisy Comms website

Notes and References

1. Web site: November 2023 . Daisy Group Holdings Limited Annual Report and Financial Statements Year Ending 31 March 2021 . 14 February 2024 . DaisyGroup.com.
2. Web site: 2023-08-14 . Daisy Group Website . 2023-08-14 . Daisy Group.
3. Web site: 2023-08-14 . Daisy Corporate Services Office Locations . 2023-08-14 . Daisy Corporate Services.
4. Web site: 2023-08-14 . Daisy Group Incorporated Date on Companies House . 2023-08-14 . Companies House.
5. Web site: 2009-07-01 . Daisy dials up £204m reverse takeover TheBusinessDesk.com . 2023-08-14 . North West . en.
6. Web site: Daisy adds Redstone Telecoms to chain of recent acquisitions . 2023-08-14 . telegeography.com.
7. Web site: Britton . Nick . 2010-02-18 . Daisy acquires BNS Telecom . 2023-08-14 . Growth Business . en-US.
8. Web site: Jackson . Mark . UK Broadband ISP Supplier Murphx Acquired by Daisy Group . 2023-08-14 . ISPreview UK . en.
9. Web site: 2010-11-10 . Daisy Group buys SpiriTel . 2023-08-14 . Manchester Evening News . en.
10. Web site: 2011-04-11 . Outsourcery in £12m sale of mobile division . 2023-08-14 . Manchester Evening News . en.
11. Web site: 2011-04-04 . Daisy acquires Telinet and Ipitomi assets . 2023-08-14 . www.channelweb.co.uk . en.
12. News: 2013-02-01 . Daisy Group buys The Net Crowd . MoneyWeek . 2023-08-14.
13. News: Dungay . David . 2013-10-28 . Daisy go on Acquisition Hunt . Comms Business . 2023-08-14.
14. News: 2014-06-18 . DAISY ACQUIRES LAYER 3 AS LOSSES GROW . Lancashire Business View . 2023-08-14.
15. News: 2015-01-30 . Daisy Group acquires Damovo UK . IT Pro . 2023-08-14.
16. News: Roue . Lucy . 2023-05-27 . Daisy Group in £135m swoop for Phoenix IT Group . Manchester Evening News . 2023-08-14.
17. News: 2017-01-03 . Lancashire Business View . 2023-08-14.
18. News: Kleinman . Mark . 2023-03-31 . Daisy founder Riley swoops on listed cybersecurity provider ECSC, Sky News . Sky News . 2023-08-14 .