Six Degrees Group Announces New Funding and Cloud Hosting Acquisition
Grazed from MarketWatch. Author: PR Announcement.
Six Degrees Group today announces it has raised GBP 8 million in new funding from Penta Capital and that it has completed the acquisition of Cloud Computing Centre (CCC), a Surrey-based managed cloud hosting expert established in 1999.
CCC focuses on the cloud market and brings over 100 mid-market hosting customers who spend an average of GBP 36,000 pa. The acquisition takes Six Degrees Group’s run-rate position to GBP 50m revenue and GBP 12m EBITDA. CCC’s cloud platform is highly complementary to the existing Six Degrees technology and they are also a Microsoft Gold Partner and Silver Hosting Partner, bringing incremental skillsets for Microsoft Hyper-V to the Group…

