Onyx Group has appointed Andrew Goldwater, former MD of the Daisy Group, as Chief Financial Officer.
As part of his new role, Andrew has been tasked with providing Onyx Group with the strategic and financial guidance required as the company looks to accelerate its impressive financial expansion. Onyx are looking to build on growth which has resulted in revenues leaping from £4m in 2005 to £30m in 2015.
During his tenure at Daisy, Andrew played an integral role in leading the company through the acquisition of 2e2’s administration-stricken Data Centre assets and delivering post-acquisition financial results well in excess of initial management expectations and the acquisition plan budget.
He says: “This is an exciting time to be joining Onyx Group. I am looking forward to applying my financial and commercial experience to help facilitate the ambitious growth plans the company has in place. We are in an extremely strong position financially and I am thrilled at the prospect of taking the business to the next level.”
Onyx CEO Neil Stephenson says: “Technology is one of the real growth sectors in the UK and our expansion through acquisitions and large customer wins means we remain at the forefront of it. I am delighted to announce the appointment of Andrew as our new Chief Financial Officer, he brings a wealth of valuable knowledge and experience to the team which will prove vital in the continuation of our business growth.
“Andrew’s appointment is the latest in a long line of investments we are making to ensure we have the senior team, best technology and expertise in place to deliver our long-term goals and objectives. With previous senior roles at Daisy Group, Ernst & Young and BNS Telecom Group, it is testimony to our progress that we can recruit people with Andrew’s experience and I am confident that he will have a big impact on our business.”
Established in 1994, Onyx Group has grown from a regional IT company to a national technology provider with sites in the Yorkshire, the North East, London, and Scotland.