An IT giant that is used by the likes of Ford, Airbus and AO has posted pre-tax losses of more than £65m for its latest financial year despite its turnover surging towards the £100m mark.
Manchester-headquartered ANS Group was formed out of the merger of UKFast and ANS and is backed by private Equity firm Inflexion.
The group, which provides "digital transformation and cloud managed services", also counts Costa Coffee musicMagpie, Fenwick, BDO, Serco, the Ministry of Defence, the Metropolitan Police and Manchester City Council among its clients.