Six Degrees Group (6DG) has strengthened its presence in the financial services sector following the acquisition of Capital Support Group (CSG), the cloud, software and security managed services provider. CSG delivered £14m revenue, up 35% on the previous year, and £2.5m of EBITDA.
The firm is one of the largest providers of cloud and IT services to the alternative investment market sector in Europe, with 130 employees supporting 170 customers.
Key supplier accreditations include applications expertise with Microsoft, VMware and Citrix.
CSG has built a hosting platform with full-suite Microsoft applications, a community cloud and private clouds as well as offering professional services for business continuity, security and consulting projects.
Alastair Mills (pictured), CEO of 6DG, stated: "Capital Support significantly enhances our capability in the financial services market.
"The addition of CSG will also help Six Degrees achieve our goal of delivering software and security managed services that operate further up the value stack.
"With our existing strong presence in the City we are now a true financial services powerhouse with CSG's hedge fund and private equity client base."