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Announced

Completed

Version 1 completed the acquisition of Automation Logic.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United Kingdom

datacenter

Digital Services

United States

Cross Border

Majority

Completed

Friendly

Single Bidder

Acquisition

Private

Synopsis

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Version 1, a technology and digital transformation provider, completed the acquisition of Automation Logic, an IT consultancy specialising in DevOps transformation and delivery. Financial terms were not disclosed. ‘We selected the Alantra team following a highly competitive RFP process because of their market experience in the Technology Consultancy space and their natural fit with the Automation Logic team. Throughout the transaction process, they have surpassed our expectations in terms of their sector knowledge, thoughtfulness and diligence. Not only that, they are also brilliant karaoke singers! We would fully recommend any technology consultancy business considering their options engage with Alantra as it’s been a highly rewarding relationship." Norm Russell and Kris Saxton, Automation Logic Co-Founders.

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