Founded in Dublin, Ireland in 1996, Technology and Digital Transformation partner Version 1 employs over 2,100 people across the UK, Ireland, Spain, and India. Accelerated by the increasing demand for Digital, Cloud, Data, ERP Transformation and Next-Generation Managed Services, as well as its strong customer base in Ireland, Version 1 has rapidly gained a significant foothold in the UK public and commercial sector, thus creating hundreds of opportunities for professionals across all disciplines and experience levels in Ireland, the UK, Spain and India.
Volpi Capital LLP (“Volpi”) reached a major milestone on 13th July 2022 with the completion of the sale of its shareholding in Version 1 to Partners Group, who became Version 1’s new partner and majority shareholder alongside the management team. This industry-defining sale and landmark transaction for Volpi validated its value-add strategy, delivering on the promises we have made to our investors since 2016.
Under Volpi’s successful 5-year partnership, Version 1 tripled in size, becoming a player of significant scale with the number of FTEs growing from ~850 employees at entry to 2,000+ employees, delivering consistently strong performance. Version 1’s revenues increased to over €200 million, through a combination of strong organic growth and selective acquisitions. The success of this transaction proves that Volpi’s hands-on approach to create value through its core repeatable levers via Product Expansion, Market Expansion and Building Organisations for the Future works.