Fri, 03 Nov 2023 | BUSINESS SALE
Professional services firm Accenture has acquired 6point6, a technology consultancy specialising cloud, data and cybersecurity. 6point6 has offices in London and Manchester and employs approximately 400 staff across the UK.
The company delivers large scale projects for the UK central government, such as modernising legacy systems and transforming digital capabilities. The firm’s work includes migrating an entire UK government department to a cloud-based infrastructure in what is the largest cloud migration in Europe.
The deal, which comes during an ongoing period of strong M&A activity in the professional services sector, enables Accenture to enhance its capabilities in cloud strategy and architecture, boosting its offering, in particular, to central government and the financial services, defence and security markets.
The acquisition also represents an exit for ICG, which initially invested in 6point6 in 2021. Since then, ICG says the company’s revenue has increased 45 per cent per annum, while headcount has more than doubled and the business has expanded into new adjacent end markets.
Emma Kendrew, Accenture Technology lead in the UK and Ireland said: “6point6 has an impressive reputation across the UK public and private sectors with its powerful combination of digital transformation, data and cybersecurity expertise. With Accenture’s breadth of consulting and technology services, it will add to our innovative team to help clients reinvent themselves with solutions that are fit for the future.”
6point6’s management and founders were advised by an Addleshaw Goddard team, led by Richard Hunt, with support from Carly Gulliver, Tom Hopwood, Charlotte Martin, Nazaneen Ahmadi and Ryan Barker (Corporate), Martin Griffiths (Tax) and Mark Crane (Competition).
Richard Hunt commented: "Having worked with 6point6 for a number of years, including advising the founders and management on the investment from ICG in 2021, we know that it is a fantastic business with a great reputation in both the public and private sectors, led by an exceptional management team. The company's growth in recent years has been impressive as they have become one of the UK's leading tech consultancy firms.”
"It was a privilege that the founders and management trusted in our track record in delivering complex transactions in the sector to support them with this deal. We look forward to seeing the business thrive being part of Accenture and go on to fulfil its potential."
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