HomefundingSix Degrees Group Receives £25m Credit Facility from Clydesdale Bank

Six Degrees Group Receives £25m Credit Facility from Clydesdale Bank

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Six Degrees Group, a London, UK-based data services provider, is receiving a long-term £25m credit facility from Clydesdale Bank.

The company intends to use the financing to grow organic and through acquisitions.

Led by CEO Alastair Mills and CFO Ronnie Smith, Six Degrees Group is a privately owned managed data services provider serving UK mid-market and corporate customers.
It provides companies with converged services portfolio – including datacentre, connectivity, voice and cloud offerings.
Six Degrees received £60m from Penta Capital in Octoper 2011 (read here).

FinSMEs

13/02/2012

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