Made Tech Group appoints Richard Swinyard as new CFO
Made Tech Group, a UK-based public sector digital transformation firm, has appointed Richard Swinyard as its new Chief Financial Officer, effective March 2, 2026. The C-suite change signals ongoing professionalization and succession planning at the London-based scale-up. Swinyard's appointment is part of the company's strategy to support its next phase of growth.
Richard Swinyard joins Made Tech from the US market, where he was most recently the CFO of a private equity-backed IT and managed services company, leading it through significant growth, margin improvement, and a successful sale. Before his time in the US, he was the CFO and a board director at Agilisys, another UK-based provider of IT and digital transformation services to the public sector. Swinyard steps in as Made Tech is beating upgraded market expectations for its 2026 and 2027 fiscal years. For the six months ending November 30, 2025, the company reported a 28% increase in revenue to £27.8 million and a 35% rise in adjusted EBITDA to £2.4 million, holding £11.9 million in net cash with no debt. This C-suite change follows a period of significant contract wins, which provide strong revenue visibility. The company's contracted backlog was reported at approximately £74 million at the end of November 2025. A notable recent win is a £19.5 million contract with the Department for Levelling Up, Housing & Communities (DLUHC) to design and develop new digital tools. The appointment comes as UK government spending on digital and data surpasses £26 billion annually. However, with only 17% of public sector organizations considering their digital transformation efforts completely successful, a significant market opportunity exists for specialized firms. This environment highlights the critical need for experienced leaders to manage growth and delivery on large-scale public projects.