Six Degrees Group buys Cloud Computing Centre

Six Degrees Group buys Cloud Computing Centre

Six Degrees Group has strengthened its cloud computing arm with the purchase of Surrey-based Cloud Computing Centre (CCC) and raised £8 million in new funding from Penta Capital.
This latest acquisition sees CCC bring over 100 mid-market hosting customers, spending an average of £36,000 per year, to Six Degrees Group. CCC also brings a complementary cloud platform to Six Degrees' existing technology. The company is a Microsoft Gold Partner and Silver Hosting Partner.

The purchase takes Six Degrees Group’s run-rate position to £50m revenue and £12m EBITDA.
Alastair Mills, CEO of Six Degrees Group (pictured), said CCC was a significant acquisition, adding: ‘It reinforces our mid-market focus, strengthens our managed cloud hosting team and brings outstanding technical capabilities to the group.’

CCC CEO Keith Bates said: ‘This is an exciting day in the evolution of Cloud Computing Centre. We felt that the time was right to join forces with one of the fastest-growing managed data service providers in the sector, especially when we have so much in common. 

‘Joining Six Degrees Group will significantly strengthen our ability to win mid-market and corporate cloud hosting contracts and to deliver new services to our existing clients.’

Written by Mobile Today
Mobile Today


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