Largest Irish-Founded Tech Employer Surpasses 3000 Employees Signing 15th and 16th Acquisition Deals

Version 1, a leading digital transformation partner, is to acquire Automation Logic – for an undisclosed sum as part of its ambitious growth strategy for 2023 and beyond. 

The Automation Logic deal is subject to clearance by the National Security and Investment Act 2021.

Combined, Version 1 and Automation Logic will have over 3,000 employees and more than 650 customers. This places Version 1 as the largest Irish-founded technology employer and comes after significant growth for the firm, doubling its headcount from 1500 in 2020 to 3000 in 2023. Version 1 navigated headwinds and talent challenges to surpass revenues of over €255 million in 2023.

Founded in 2010 in London, multi award-winning cloud experts Automation Logic’s mission is to share everything they know about Cloud and DevOps with their clients, helping them build the teams and infrastructure they need to thrive in the digital economy.

With over 160 employees, Automation Logic is partnered with technology giants AWS and Microsoft, enabling the organisation to offer a diverse range of cloud solutions to customers including the Ministry of Justice, HM Revenue & Customs and Lloyds Banking Group.

Enda Diggins, Managing Director of Version 1’s UK Digital, Data and Cloud practice, commented on the significant benefits Automation Logic will bring to Version 1’s customers:

“Version 1 and Automation Logic are combining to create one of the strongest cloud transformation capabilities in the UK. 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.”

Norm Russell and Kris Saxton, Automation Logic Co-Founders, also commented on the positive news:

“We see Version 1 as an organisation that shares the same values as Automation Logic and has maintained a culture very similar to our own. This alignment of our cultures and our combined expertise will catalyse our shared mission, greatly benefiting our clients as we jointly expand our digital solutions, cloud, and DevOps offerings. This acquisition also presents a great opportunity for Automation Logic’s staff, dramatically increasing the number and variety of interesting challenges that our people love to solve.”

The acquisition of Automation Logic brings Version 1’s total of acquired businesses to 16, and this number is expected to grow significantly throughout 2023.

This news follows leading global private markets firm Partners Group acquiring the majority stake in Version 1 in 2022 to become a key partner in Version 1’s next phase of growth.

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