- ICG invested in 6point6 in 2021
- 6point6 is the third exit by ICG’s European Mid-Market team in 2023
- ICG is a global alternative asset manager based in London
Intermediate Capital Group’s (ICG) European Mid-Market team, together with the founders and management team, have agreed to sell 6point6, a technology consultancy company, to Accenture.
6point6 provides services 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. It has offices in London and Manchester.
ICG invested in 6point6 in 2021. 6point6’s revenue grew by 45 percent per annum and headcount more than doubled to almost 400 employees during ICG’s investment period.
“6point6’s strategy was anchored around megatrends such as cyber and data architecture which we believed would offer structural growth tailwinds for our investment cycle and beyond,” said Liam McGivern, MD at ICG European Mid-Market.
6point6 is the third exit by ICG’s European Mid-Market team in 2023.
The transaction is subject to regulatory approvals.
ICG European Mid-Market is part of ICG’s European corporate strategy, focused purely on mid-sized companies. ICG is a global alternative asset manager based in London.
Accenture is a Dublin-based professional services company.
No financial details of the transaction were disclosed.