HMT were delighted to advise Six Degrees, the new communications business, on its acquisition of Blue Square Telecom Limited (“BST”). The deal was funded by Penta Capital and Clydesdale Bank.
Six Degrees is a new technology group led by Alastair Mills, with the objective of creating a new data centric reseller of converged business communications through a buy and build strategy. The acquisition of BST is Six Degrees’ fifth in as many months.
Based in London, BST, which is run by Matt Rutland and Mark Winsper, has focussed on a customer base of larger corporates within the City, and provides a range of telecoms services including lines and calls, data and mobile. The acquisition of BST enhances the product offering of the group, enabling significant cross selling opportunities into its wide customer base.