Pan-European cloud services firm Version 1 has acquired UK-based service design and digital transformation specialist Evoco Digital Services, as part of its ongoing growth strategy.
Only this week, Version 1 said it was creating 200 jobs by opening a new UK development and delivery site in Newcastle upon Tyne, north-east England.
The Evoco acquisition, for an undisclosed sum, is the 13th for Version 1 to date, and follows the acquisition of Belfast-based Neueda last June. Evoco will become part of Version 1’s rapidly-growing UK digital, data and cloud practice, adding specialist expertise in service design and digital transformation in the public sector.
Based in Hull, east Yorkshire, Evoco has a headcount of 41 and the full team is staying on with Version 1. Evoco reckons it has delivered £8m in savings across 52 projects at 18 public sector customers.
“This acquisition brings a team with advanced service design and digital transformation expertise to help our customers navigate the many challenges of the increasingly complex digital environments they operate in,” said CEO of Version 1 Tom O’Connor. “Version 1 is growing rapidly across the UK public sector, with customers such as Highways England, Ofgem, Ordnance Survey, the Home Office and Harrow Council, to name but a few. This deal further consolidates our position as a market-leader.”
John Dunnet from the Evoco leadership team added: “Version 1 recognises the importance of investment in developing its people, a priority shared with Evoco. We see the acquisition as being hugely positive in enabling our growth ambitions.”
Version 1 employs over 2,000 in Ireland, the UK, Spain and India, and projects its turnover will reach €200m this year.
Picture: Kevin Ryan (left), head of corporate development at Version 1, and John Dunnet of Evoco.
