Atkinson takes chair at xDesign ahead of expansion
Paul Atkinson: impressed (pic: Terry Murden)
Paul Atkinson has joined xDesign as chairman as the digital transformation and software development firm reports record revenue of £4 million in the year to the end of June 2020 (2019: £2.2 million).
Mr Atkinson, who is a founding partner at venture capital firm Par Equity and chairman of recruitment group Taranata, said: “Despite the business challenge created by the Covid crisis, what has impressed me most about the xDesign team is the way they handled the adversity, using the time to create a stronger business and building relationships that are already bearing fruit. I look forward to helping them to continue to grow at pace.”
xDesign has continued to hire throughout the pandemic and will have 70 people working out of its Edinburgh headquarters by January. Over the next eighteen months, the firm plans to increase headcount to around 100 and is targeting revenue of £10 million in 2022.
Following the acquisition of mobile and web agency Bemo in February, xDesign is actively looking at further growth by acquisition and is also set to roll out a number of UK hubs in 2021.
xDesign founder and managing director, Euan Andrews said: “With increasing numbers of clients across the UK, we want to be even closer to our customers so we will be opening offices next year.
“Bemo has been a great acquisition for us, we’ve added some talented people and know-how to our own team and we’re not ruling out further acquisitions over the next few months where we can identify value-add. As we enter our next phase of growth, it’s great to have Paul on board to help guide us as we go.”
xDesign’s client base includes NHS, Tesco Bank, Heineken and MoneySuperMarket. In May, a Covid-19 app developed in partnership between NHS 24 and xDesign was launched and has been downloaded over 250,000 times to date.