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.
Founded in 2010 in London, the Cloud and DevOps specialist Automation Logic is on a mission to help its clients build the teams and infrastructure they need to thrive in the digital economy.
With over 160 employees, Automation Logic partners with technology giants such as AWS and Microsoft to enable the organisation to offer a diverse range of cloud solutions to customers, including the Ministry of Justice, HM Revenue & Customs and Lloyds Banking Group.
The Osborne Clarke team advising Automation Logic was led by corporate partner Tim Hewens and included corporate senior associate Sarah Mitchell with associate director Robert Thomas and Kirsty Poulton advising on tax matters.
The deal is subject to clearance by the National Security and Investment Act 2021.Osborne Clarke’s Corporate team is considered a go-to practice for companies specialising in IT and the digitalisation of business. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.