CreateFuture: Edinburgh-founded digital consultancy that employs 550 people taken over
“We started CreateFuture 16 years ago with a simple belief that the best work happens when great people are trusted to do great work for clients who care about the outcome” – Euan Andrews
An Edinburgh-founded digital consultancy that employs 550 people has been snapped up by an Irish peer for an undisclosed sum.
CreateFuture, which has operations in Edinburgh, Glasgow, Leeds, London and Sofia, works with clients across a range of industries including online gaming, financial services and utilities. It is chaired by former Skyscanner chief financial officer Shane Corstorphine.
The business has been acquired by Ireland’s Version 1, which was founded in 1996 and has some 3,700 employees globally and revenues exceeding €400 million (£350m).
The combined business will deliver “AI-driven digital transformation programmes at scale across complex, regulated environments in both public and private sectors”, the two firms said.
Euan Andrews, founder of CreateFuture, said: “We started CreateFuture 16 years ago with a simple belief that the best work happens when great people are trusted to do great work for clients who care about the outcome. That belief has not changed, and this partnership accelerates our ambition for CreateFuture with a highly culturally aligned partner in Version 1.
“It enables us to better serve our clients with enhanced capability and scale whilst unlocking significant opportunities for our team members. I am genuinely excited about what this means for our people, for our clients, and for the next chapter of the business we have built together.”
The CreateFuture leadership team will remain in place, continuing to lead its existing teams and client engagement. Completion of the acquisition remains subject to receipt of customary regulatory clearances.
Roop Singh, chief executive at Version 1, said: “This acquisition is a strong strategic fit for Version 1, strengthening our capabilities and expanding the markets we serve.
“CreateFuture is an exceptional business, with high calibre talent, deep client relationships and sector expertise that directly complements our own. They have built something genuinely impressive for clients, leveraging AI-driven capabilities with a flexible and agile approach, and have delivered sustained growth ahead of the market.
“This is a growth acquisition and reflects exactly where we are as a business, confident in our people, clear on our strategy and ready for what comes next.”