ICG, the global alternative asset manager, today announced that its European Mid-Market team (“ICG Mid-Market”), together with the founders and management team, have signed an agreement to sell digital transformation consultancy, 6point6 (“the company”), to Accenture.
6point6 is one of the UK’s leading technology consultancies, specialising in complex digital transformations, with a highly specialised and multi-disciplined offering, encompassing cyber and data. The company focuses on clients across the UK Central Government, Defence and Security sectors, as well as the Financial Services industry, and parts of the private sector operating critical infrastructure.
ICG partnered with 6point6 in 2021, leveraging its deep experience in both technology and consulting businesses to support the founders on their growth journey. Since ICG’s initial investment, growth has significantly accelerated, with revenue having grown by 45% p.a., and headcount more than doubling to almost 400 employees. ICG worked alongside the founders and management to support the company’s development into new adjacent end markets, whilst ensuring the company could attract and develop the industry’s top talent to support its growth path.
Commenting on the sale, Gareth Knight, Head of ICG European Mid-Market, said:
Liam McGivern, Managing Director at ICG European Mid-Market, added:
David Webb, Executive Chairman and Founder of 6point6, added:
Completion of the acquisition is subject to customary closing conditions, including receipt of regulatory clearance.
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ICG provides flexible capital solutions to help companies develop and grow. We are a leading global alternative asset manager with over 30 years’ history, managing $82.1bn of assets and investing across the capital structure. We operate across four asset classes: Structured and Private Equity, Private Debt, Real Assets, and Credit.
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