Version 1 kicks off 2023 with double swoop

Oracle partner makes 15th and 16th acquisitions, propelling its headcount to more than 3,000

Version 1 kicks off 2023 with double swoop

Acquisitive Irish Oracle partner Version 1 has snapped up two UK peers to expand its footprint in the country.

The double swoop bolsters Version 1's headcount to more than 3,000 and customer base to over 650.

The buys also bring the MSP's total number of acquired businesses to 16.

The first deal is for the takeover of London-headquartered Automation Logic and its more than 160 employee roster.

Founded in 2010, the cloud specialist aims to support customer business transformation through cloud adoption.

It partners with tech giants AWS and Microsoft, enabling it to offer a range of cloud solutions to customers, including the Ministry of Justice, HM Revenue & Customs and Lloyds Banking Group.

Version 1 - which swapped private equity backers last April - claims the addition of Automation Logic places the MSP as the largest Irish-founded technology employer after navigating headwinds to double its headcount from 1,500 in 2020 to 3,000 in 2023.

"Version 1 and Automation Logic are combining to create one of the strongest cloud transformation capabilities in the UK," claimed managing director of Version 1's UK Digital, Data and Cloud practice, Enda Diggins.

"As award-winning partners to market-leading cloud providers, our customers will benefit from our increased depth and breadth of expertise in Amazon Web Services, Microsoft Azure, DevOps and Platform Engineering.

"This acquisition deepens our Digital, Data and Cloud expertise, providing more opportunities for our people to develop professionally, and to do what they love - work on interesting challenges with our customers."

Version 1 to takeover Qubix

Finance transformation expert Qubix is also set to join forces with Version 1, along with its 170-strong headcount.

Established in 1987, Qubix operates out of its headquarters in London with an additional presence in the US, India, Australia, and Slovenia.

Version 1 and Qubix each boast a 25-plus year track record as Oracle partners, with Qubix solely specialised in Oracle technology and focused on customer success with Oracle ERP, EPM, Analytics and Database solutions.

"As an award-winning global Oracle partner of the highest level of accreditation, Qubix brings to Version 1 over 25 years of specialist experience and expertise from over a thousand successful financial engagements across hundreds of customers' projects," said MD of Version 1's Oracle Practice, Colm Gillard.

"With deep expertise evidenced at every stage of their customer journeys, Qubix will place Version 1 in an increasingly favourable position with both new and long-standing customers alike, enabling Version 1 to drive further business agility and transformation within our customers' businesses."