Six Degrees kick starts 2016 with launch of organic investment programme.
LONDON – January 5th, 2016 – Six Degrees, the converged technology infrastructure provider, today announces the launch of a £12 million organic investment programme to support the company’s ambitious business growth plans for 2016.
The substantial additional capital investment comes six months after funds managed by Charlesbank Capital Partners acquired Six Degrees with the goal of building the UK’s largest mid-market managed services provider. With a commitment to recruit 50 people Six Degrees will be building and developing its sales, marketing and customer service teams, amongst others, to service its growing customer and partner base. The £12m investment for growth is a purely organic play, designed to complement Six Degrees’ ongoing ambitious acquisition agenda.
Since its inception, Six Degrees has developed a reputation for acquiring a series of specialist technology companies from across the UK, adding depth and technical capabilities to its growing portfolio of solutions. Delivering cloud, colocation, data and unified communications solutions to the UK mid-market, Six Degrees offers customers multiple services through one single provider.
Alastair Mills, CEO of Six Degrees, commented: “We want to own the mid-market. We now employ 400 people, have over 2,000 customers and own the most comprehensive technology infrastructure of any UK managed service provider. Now we are making a recruitment investment that is unprecedented in our sector as we look to bring the best talent in our industry to Six Degrees to fuel our future growth.”