We are building a network of high-quality, complementary businesses that work together to achieve sustainable organic growth.

Our Strategy

Our mission.


At the heart of our strategy is bringing together specialist technology businesses and using the Midwich Group network to help them scale - maximising the value we add to manufacturers and customers.

We are ambitious and have a clear goal to take technology further, with organic growth matched by our progressive global M&A strategy.

 

 

 

 

 

 

Scale.


  • Our positioning, breadth of coverage and offering allows us to diversify both manufacturer relationships and end-user segments, from live events and experiences, to healthcare and the education sector.
  • Our decentralised businesses benefit from the resources, opportunities and expertise of a global network focused on a specialist sector. Shared knowledge helps our colleagues, customers and suppliers grow.
  • Scale drives our M&A: from attracting target companies, to developing in-house acquisition capabilities, integration and support, and ensuring we have the financial firepower to continue growing.

Geographical coverage.


  • The global market for audiovisual technologies is worth an estimated $325bn and is forecast to grow at 5.6% CAGR to 2029 (AVIXA).
  • As one of the world’s leading specialist technology distributors, we’ve a presence in almost all major geographic markets, driven by our progressive M&A strategy.
  • We can provide manufacturers and customers consistent support across the globe to help solve their most challenging problems.

 

 

 

 

Specialisation.


  • Our businesses are trusted expert partners with long-standing  relationships with both manufacturers and customers.
  • We focus our growth on technology solutions which are complex, interconnected and require deep expertise to sell.
  • Our range of value-add services including distribution, specialist product training, multi technology demo and experience centres, complex system design support, repairs and servicing, enables us and our partners to grow their business.
  • We’ve the ability to roll out existing relationships into new technology areas and geographical markets, expanding our product and solution offering.

Mergers and acquisitions strategy.


We believe we have a winning formula when it comes to M&A, with our proven track record of successful acquisitions, careful integration and a strong pipeline of opportunities. We focus on high-quality, ambitious, specialist businesses, and use our extensive M&A experience to execute transactions with speed and precision.

Many businesses that join us are privately owned. We’re determined to preserve what made them successful in the first place. Our promise is to give management teams the autonomy to run their business, while offering them all the benefits that come with being part of our Group network, so they can enhance and accelerate growth.

36

Total Acquisitions

28

Acquisitions since IPO

19

New geographies entered

38%

Technical Product Revenue CAGR (2019-23)

Mergers and acquisitions strategy in action.

Prase

Year of acquisition

2019


Geographic market

Italy


Strategic focus area
Geographic coverage
Specialisation
Strategic rationale

Italy's premier specialist distributor with exclusive relationships with leading manufacturers, helping elevate our market position as a specialist partner.


Primary end user market

Corporate, venue and events


Primary product categories
Audio

Audio

Projection

Projection

LED

LED

Starin

Year of acquisition

2020


Geographic market

USA


Strategic focus area
Geographic coverage
Specialisation
Strategic rationale

Entry into the US market, the largest in the world, with one of the few national, specialist distributors with a strong focus on communications in to corporate and education.


Primary end user market

Corporate, Education


Primary product categories
UC&C

UC&C

Display

Display

NMK

Year of acquisition

2021


Geographic market

Middle East


Strategic focus area
Geographic coverage
Specialisation
Strategic rationale

The acquisition of NMK not only reflected investment in the UAE, but acts as a cornerstone for further geographic expansion in the region, such as KSA.


Primary end user market

Venue & Events, Hospitality


Primary product categories
Audio

Audio

Projection

Projection

Signal management

Signal management

Nimans

Year of acquisition

2022


Geographic market

UK


Strategic focus area
Specialisation
Scale
Strategic rationale

Nimans is an expert in communications and networking, and combining its 200 employees with our existing UK business has provided us with a significant market position in this segment.


Primary end user market

Corporate


Primary product categories
UC&C

UC&C

Toolfarm

Year of acquisition

2023


Geographic market

Global


Strategic focus area
Specialisation
Strategic rationale

Toolfarm is our first dedicated investment in a software distributor, expanding our capabilities from hardware to a broader range of solutions for our customers.


Primary end user market

Media and entertainment


Primary product categories
Software

Software

Expanding our global reach.


Annual Report and Accounts 2023.

Download Annual Report

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