Technology and digital transformation provider Version 1 has acquired North East company Evoco Digital Services for an undisclosed sum.
The acquisition of service design and digital transformation specialist Evoco aims to bring additional scale and capability to Version 1’s design and digital transformation services.
With a headcount of 41, the full Evoco team will remain with the business and become an integral part of Version 1’s growth plans.
It is the 13th company acquired by Version 1, which has operations in Ireland, the UK, Spain, and India, following the recent purchase of Belfast-based Neueda.
Earlier this week, Version 1 announced plans to create 200 new jobs over the next two years at its new base in Newcastle.
CEO of Version 1, Tom O’Connor said: “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.
“We are excited about the opportunity to help illuminate a way forward for our customers across both public and private sectors alike with specialist service design expertise and digital transformation capabilities to drive significant business benefits for them.”
John Dunnet from the Evoco leadership team added: “The team at Evoco is delighted to be joining Version 1, a rapidly growing technology and digital transformation organisation that shares the same values as we do, including our relentless focus on impactful customer outcomes and excellence in delivery.
“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, helping to accelerate digital transformation in the UK public sector market and bringing our specialist service design expertise to Version 1’s existing customers.”
Pictured: Kevin Ryan, Head of Corporate Development at Version 1 and John Dunnet from the Evoco leadership team.