Six Degrees Group has bought independent datacentre operator BIS in a bid to extend its offering around corporate colocation and private cloud.
The acquisitive data services provider said the purchase of London-based BIS – for an undisclosed sum – would add £16m of sales, taking its annual run-rate to £70m, 200 customers and 30 new employees.
The acquisition also positions the firm as, potentially, a much more threatening player in the data services market. Last year it stated its ambition was to be considered an equal to firms such as Rackspace or Iomart.
Speaking to MicroScope, Six Degrees sales and marketing director Campbell Williams said: “We now have three times more space, three times more racks and three times more power.
“It’s a great deal for us because we get to put our name on the building: from the gate through the doors to the racks we control everything from end-to-end, and that is very important for midmarket clients,” he explained.
Williams said that as a result of buying BIS, Six Degrees could therefore begin to pitch to a wider range of higher-end clients, including more public sector work.
Having bought 12 businesses in areas as diverse as voice, IP telephony, data networking, managed hosting and cloud computing since its 2011 inception, BIS forms the final piece in a complex jigsaw, and Williams added that the firm would now concentrate on building and maintaining its track record of underlying organic growth.
“We have always been keen to distance ourselves from the other buy-and-build players,” he said. “Unlike most – who only show profit by sacking and only show growth by buying – we’ve been buying to add scale to our business.”