The Panoply adds to technology capabilities with the acquisition of Arthurly

Date

June 2020

Sectors

Technology and consulting services

Deal Type

Merger/Acquisition

Our Role

Buy side

About Arthurly

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 TPXimpact Holdings

TPXimpact 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. TPXimpact 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.

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.

Our work

WY Partners acted as financial adviser to The Panoply on their acquisition of Arthurly.

It is a pleasure to have WY Partners as our key buy-side M&A advisor. WY's market knowledge and support is invaluable, they show great commitment and enthusiasm to always deliver the best outcome. WY provide us with clear commercial advice, added value, and manage the process from start to finish. Their personal and pragmatic approach is always appreciated and they consistently overdeliver.

Neal Gandhi

CEO

The Panoply

Deal team