Version 1 said the merger would create a ‘combined organisation of 4,250 employees with annual revenues of more than €500m’.
Dublin technology consultancy services company Version 1 is to acquire UK technology services provider CreateFuture for an undisclosed amount.
Version 1 said the merger would create a “combined organisation of 4,250 employees with annual revenues of more than €500m” aiming to deliver “AI-driven digital transformation programmes at scale across complex, regulated environments in both public and private sectors”.
CreateFuture specialises in working as “a practitioner-led, AI-native partner to large enterprise clients” in highly regulated industries such as i-gaming – or online gambling – financial services and utilities, “where technical precision and regulatory compliance are critical”, according to Version 1.
“This acquisition is a strong strategic fit for Version 1, strengthening our capabilities and expanding the markets we serve,” said Roop Singh, CEO of Version 1.
“CreateFuture is an exceptional business, with high‑calibre talent, deep client relationships and sector expertise that directly complements our own.”
CreateFuture currently employs around 550 in Edinburgh, Leeds, London, Manchester and Sofia, Bulgaria. Its existing leadership team will remain in place following the acquisition.
“We started CreateFuture 16 years ago with a simple belief that the best work happens when great people are trusted to do great work for clients who care about the outcome,” said founder Euan Andrews.
“That belief has not changed, and this partnership accelerates our ambition for CreateFuture with a highly culturally aligned partner in Version 1.”
In a LinkedIn post, the UK company said its “strengths in strategy, design and AI-native delivery” would complement Version 1’s “depth in data, transformation and managed service”.
Version 1 was founded in Dublin in 1996 and offers a range of technology services to global organisations. In March, it chose its new Dublin HQ to house a new, cutting-edge AI studio and also said it would add 250 roles locally.
Earlier that month at the UK-Ireland Summit, Version 1 said it would create 1,000 jobs across the UK, including Northern Ireland, as part of its plans for a £40m investment in that market.
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