Claranet buys rival MSP Six Degrees through an administrators’ sale
Two London managed service providers with falling UK revenues become one, in a deal completed through the administration of a Six Degrees group company
- Interpath’s Rick Harrison and Will Wright were appointed joint administrators to Isosceles DM 123 Limited
- Six Degrees serves financial services, healthcare, legal, government and professional services customers
- The combined business will trade under the Claranet brand
- Claranet is led by its founder and CEO, Charles Nasser
Six Degrees customers’ contracts sit with trading companies that changed hands whole, but every renewal will now be priced and scoped by Claranet. Rival MSPs chasing mid-market accounts get a window while the two service catalogs are merged. Owners of investor-backed MSPs with shrinking revenue should test their exit options before lenders or administrators set the timetable.
“Claranet’s long term strategy and shareholding structure led by its founder, Charles Nasser, opens a new chapter for our customers and colleagues.”Vince DeLuca, CEO, Six Degrees
Claranet has bought Six Degrees, a London managed service provider with about 200 staff, in a deal completed on 29 June 2026. The enlarged business will have more than €650m (£560m) in revenue and 3,500 staff.
The deal was not a conventional sale. According to Interpath, administrators were appointed that day to one of Six Degrees’ group entities, and they then completed a solvent sale of the shares in its main trading companies to Claranet Limited. Six Degrees, backed by Charlesbank, has been shrinking. As reported by IT Channel Oxygen, citing Companies House filings, its revenue fell for a fifth consecutive year to £70m in the 12 months to 31 March 2025, and average monthly headcount dropped from 430 to 309.
Claranet’s UK business is shrinking too. Its UK arm’s revenue fell for a second year to £95.5m in the year to 30 June 2025, IT Channel Oxygen reported. The two firms sell overlapping services – secure cloud, hybrid infrastructure, cybersecurity and modern workplace – which IT Channel Oxygen reads as a deal about scale rather than new skills.
Sources
- Six Degrees, “Claranet Acquires Six Degrees”, press release, 29 June 2026. https://www.6dg.co.uk/press-release/claranet-acquires-six-degrees/
- Claranet, “Claranet acquires Six Degrees”, news release, 29 June 2026. https://www.claranet.com/uk/news/claranet-acquires-six-degrees/
- Interpath, “Claranet acquires Six Degrees”, media release, 29 June 2026. https://interpath.com/media-hub/articles/claranet-acquires-six-degrees/
- IT Channel Oxygen, “6 things to know as Claranet buys Six Degrees”, 30 June 2026. https://itchanneloxygen.com/6-things-to-know-as-claranet-buys-six-degrees/
