Intelligent CIO Europe Issue 102 | Page 12

NEWS

Transformation consultancies, has entered into a definitive agreement to acquire CreateFuture for an undisclosed amount. CreateFuture is a technology services firm of 550 professionals working with clients in highly regulated industries including iGaming, Financial Services and Utilities. The acquisition creates a combined organisation of 4,250 employees with annual revenues of more than € 500 million, complementing Version 1’ s private sector footprint and enhancing its AI-first capabilities. Together,

Version 1 and CreateFuture will deliver AI-driven Digital Transformation programmes at scale across complex, regulated environments in both public and private sectors. CreateFuture is a practitioner-led, AI-native partner to large enterprise clients, focused on iGaming and other sectors where technical precision and regulatory compliance are critical. Combined, the organisations will bring deeper expertise and greater delivery capacity to support clients across a broader range of industries.

“ This acquisition is a strong strategic fit for Version 1, strengthening our capabilities and expanding the markets we serve,” said Roop Singh, CEO, Version 1.“ 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.”

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.

Sandvik Group, has completed its strategic acquisition of Cadline, a longtime Mastercam channel partner.

With the transaction finalized, Cadline now operates as Mastercam Italia, expanding Mastercam’ s direct presence throughout Italy’ s manufacturing sector.

The transition combines Cadline’ s regional expertise with Mastercam’ s global technology leadership, enabling faster response times, more personalized service and enhanced customer support for manufacturers across Italy.

“ This marks an important milestone for Mastercam and our customers in Italy,” said Russ Bukowski, President, Mastercam.“ By fully integrating Cadline into the Mastercam organization as Mastercam Italia, we are strengthening local relationships while delivering the full power of Mastercam’ s global resources. Customers will benefit from closer collaboration, faster technical support and solutions tailored to regional manufacturing needs.”

Moving from a channel partner model to direct operations enables Mastercam Italia to provide faster problem resolution, customized training programs and dedicated regional specialists who understand the challenges facing Italian manufacturers. The acquisition supports Mastercam’ s broader growth strategy of combining innovation with targeted acquisitions to enhance customer experience and service delivery.

As part of Sandvik’ s digital manufacturing portfolio, Mastercam continues advancing connected manufacturing technologies while helping customers worldwide improve productivity, efficiency and competitiveness.

The expanded organization reinforces Mastercam’ s long term commitment to Italy by investing in expertise, strengthening customer relationships and supporting manufacturers with scalable manufacturing solutions designed to improve performance and accelerate growth across markets. •

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