Farrow’s appointment is the fifth senior appointment at Timico in the last 12 months and comes at an integral time for the newly refocused company, which continues to go from strength to strength following a ?50m investment from Lyceum Capital, the growth investors, in February 2017. Farrow’s remit will be to further facilitate Timico’s evolution as a market-leading managed service provider and to deliver on its long term strategic and business objective to be the go to transformation partner of choice for ambitious UK mid-market businesses.
As a member of the Executive Board at Timico, Farrow’s priority will be on increasing revenue and EBITDA through organic growth and a strategic series of Mergers & Acquisitions, as the company re focuses its target to the mid-market sector.
Farrow comments, “I’m very excited to be joining Timico at such a pivotal time, working alongside an exceptional leadership team. The business is in a solid position as it sets out to achieve ambitious growth and I look forward to bringing my deep sector experience to the table, implementing winning strategies that will help to achieve superior financial performance.”
Ben Marnham, CEO at Timico comments, “Today’s Timico is all about transforming our client’s digital agendas, striving for service excellence and being a great place to work. 2018 has started strongly for the business and Matthew’s appointment will play a huge part in continuing our expansion and helping us deliver on our ambitious business goals.”