M&A Deal Summary

Version 1 Acquires Patech Solutions

On January 12, 2015, Version 1 acquired information technology company Patech Solutions

Acquisition Highlights
  • This is Version 1’s 3rd transaction in the Information Technology sector.
  • This is Version 1’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2015-01-12
Target Patech Solutions
Sector Information Technology
Buyer(s) Version 1
Deal Type Add-on Acquisition

Target

Patech Solutions

Lichfield, United Kingdom
Patech Solutions Ltd. is an Oracle E-Business Suite implementation and managed support services provider. In delivering Oracle E-Business systems for over 10 years, Patech have developed a range of value-add solutions that extend the functionality of the Oracle footprint.

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Buyer(S) 1

Buyer

Version 1

London, United Kingdom

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Version 1 is an IT consulting and managed services company. Version 1 delivers technology-enabled solutions and services that transform their customers’ businesses. They bring in-depth domain experience, breadth of technology competence, and a relentless focus on service excellence and customer satisfaction to address the business challenges of enterprise customers across all industry sectors. Version 1 was founded in 1996 and is based in London, United Kingdom.


DEAL STATS #
Overall 4 of 6
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 4 of 6
Country: United Kingdom M&A 2 of 4
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-13 Rocela

Edinburgh, United Kingdom

Rocela Ltd. is an enterprise application consultancy specialising in helping clients with complex software environments get the best value out of their enterprise application investment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-04 Beoley Mill Software

Warwickshire, United Kingdom

Beoley Mill Software Ltd. is a provider of services to license, install, implement and maintain databases, operating systems and hardware.

Buy -