The Panoply adds to technology capabilities with the acquisition of Arthurly
ABOUT THE PANOPLY GROUP
The Panoply is a world-class creative technology group, assembled for innovation. Configured as a lean, fluid and ego-free family of complementary tech-focused companies, they collaborate with brave organisations to ensure their participation in tomorrow, and beyond. The Panoply floated on the AIM index of the London Stock Exchange in December 2018, creating a group of digitally-native technology services companies assembled to meet the needs of the fourth industrial revolution.
Arthurly is a disruptive technology consultancy, founded on expertise in software engineering. Founded in 2018, the business has delivered multiple largescale projects to clients across the UK. It offers a variety of capabilities based on two primary service areas; platform and software engineering; and strategy consultancy. The business already had close ties to The Panoply, working closely alongside Notbinary on a number of public sector projects in recent months.
ABOUT THE DEAL
The Panoply acquired Arthurly for an initial purchase price to be paid through a combination of cash and shares. Arthurly will sit neatly within The Panoply’s existing technology consultancy business, Notbinary.
WY Partners acted as financial adviser to The Panoply on their acquisition of Arthurly.