Six Degrees plugs gap in business with Aurora buy

Venture capital-backed Six Degrees Group has made the 12th acquisition of its 18-month lifetime.

Aurora Networks has been bought by managed data services business Six Degrees Group for an undisclosed amount.

The acquisition is the latest in a long-line of buy-and-build plays by Six Degrees Group following its formation in October 2011.

British entrepreneur Alastair Mills founded the business with £60 million worth of venture capital investment. Mills previous venture SpiriTel was sold to AIM-listed communications business Daisy Group for £27 million.

Speaking to GrowthBusiness, group strategy & marketing director Campbell Williams says that Aurora Network will plug a gap that the company had in its portfolio.

He adds, ‘This has been a deal we’ve been looking to do since the beginning.’

Newly acquired Aurora will provide an IP telephony and video conferencing element to Six Degrees and provide ‘incremental revenue opportunities’ in emerging market sectors such as hosting of communications servers.

Its two directors, Mark Tyers and Dan Cholerton, both of which will now join Six Degrees, set the London-based company up nine years ago.

Following the deal Six Degrees will now take time to bed down and integrate the 12 businesses it has so far purchased.

Williams adds, ‘It’s the first time in 18 months that we haven’t got heads of terms signed with anyone, we are now focused on integration,’

Tyers, managing director of Aurora Networks, comments, ‘We’re joining one of the most ambitious companies in the mid-market, an area which has always been our focus, and we’ll be adding new products to an already strong business.’

Hunter Ruthven

Hunter Ruthven

Hunter was the Editor for from 2012 to 2014, before moving on to Caspian Media Ltd to be Editor of Real Business.

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