Six Degrees plans buy-and-build strategy


Six Degrees plans buy-and-build strategy

Alex Scroxton

Six Degrees, the mid-market data service provider formed by former SpiriTel frontman Alastair Mills over the summer, has hired former Vodafone board director Peter Bamford as non-executive chairman with an eye to embarking on a buy-and-build M&A drive.

The firm said today that Bamford's track record of leadership in fast-growing firms and "significant" M&A experience fit well with its own growth strategy.

"A key part of our strategy is to identify and acquire best-in-class businesses that support our midmarket MSP strategy," Alastair Mills told MicroScope.

"We will continue to explore these options, in particular we are currently looking for potential acquisitions to build our capabilities further in the cloud and managed hosted services space.

"Peter has a track record in making M&A an aggressive contributor to growth and profits [and] we expect him to play a key part in developing our business as a result of any future deals," he added.

Currently chairman of retailer SuperGroup, which backs clothing chain Superdry, Bamford served at Vodafone between 1998 and 2006, variously as MD of Vodafone Distribution, chief executive of Vodafone UK, regional chief executive of EMEA and group CMO.

Outside the tech industry, he has also worked with retailer WH Smith and business services behemoth Rentokil Initial.

"The managed data services market is an exciting and fast-growing sector and ... I feel that I can add value from my experience of growing and developing companies," Bamford said today.

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