Advising the shareholders of Qubix on the sale of the business to Version 1

Finance transformation experts, Qubix, has been acquired by a leading digital transformation partner, Version 1, placing Version 1 as the largest Irish-founded technology employer.

Capital’s Corporate team (led by Tom Kelleher, working alongside Jordan Thomas, Chloe Walsh and Alex Prothero) advised the shareholders of Qubix on the sale.

Qubix is an expert in financial transformation and specialises in Oracle Technology, and is a multi-award-winning global Oracle Partner. The business has headquarters in London with an additional presence in the USA, India, Australia and Slovenia. Version 1 is a leading digital transformation partner, and is backed by global private equity firm Partners Group after it acquired a majority stake in the business in 2022.

Combined, Version 1 and Qubix will have over 3,000 employees and more than 650 customers.

Julian Owens, Qubix CEO, said:

Capital Law were recommended to us as a company with lots of experience in the mergers and acquisitions field, and they did not disappoint. They were very easy to work with and willing to go the extra mile to get the job done on time. Tom, Jordan and the whole team at Capital were a key component of this deal reaching a successful and timely conclusion, and we’re very grateful for their efforts throughout. They were able to navigate complex issues and worked tirelessly to get the project over the line. In short, they delivered.

Tom Kelleher, Partner at Capital Law, said:

The sale of Qubix to Version 1 is a testament to the work and success of Julian and his whole team in building a world class finance transformation business and leading Oracle Partner, and we are very grateful to Julian and his team for trusting us to support them on this major milestone for the business.

Read more about the deal here.