Peak Joins Forces with UiPath in Strategic Acquisition
Deal News | Mar 19, 2025 | Taylor Wessing
Peak, a Manchester-based AI company specializing in inventory and pricing optimization, has been acquired by UiPath, a leader in enterprise automation and AI software development. This strategic acquisition aims to enhance UiPath's market growth and innovation capabilities by leveraging Peak's AI platform to deliver advanced AI-driven applications. The legal advisory firm Taylor Wessing facilitated this acquisition, bringing their nuanced understanding of technology and the AI market to streamline the transaction. Howard Palmer and Elinor Picton, corporate partners at Taylor Wessing, emphasized the longstanding relationship and seamless collaboration in completing this acquisition. Peak's integration into UiPath's portfolio is expected to enhance their global reach and innovation efforts.
Sectors
- Artificial Intelligence
- Enterprise Software
Geography
- United Kingdom – Peak is headquartered in Manchester, UK, highlighting its role and influence within this region.
- United States – UiPath, a leading enterprise software company, is a global entity, and its operations significantly include the U.S. market.
Industry
- Artificial Intelligence – The article discusses the acquisition of Peak, an AI-native company, by UiPath, both of which operate within the artificial intelligence sector.
- Enterprise Software – UiPath is a developer of enterprise automation software, and Peak's software solutions are integrated with business processes, making enterprise software a key industry here.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Peak | Target Company | Company | An AI-native inventory and pricing optimization company based in Manchester. |
| UiPath | Bidding Company | Company | A leading enterprise automation and AI software company. |
| Taylor Wessing | Legal Advisor | Company | Provided legal advisory services to Peak for the acquisition by UiPath. |
| Howard Palmer | Corporate Partner | Person | Corporate partner at Taylor Wessing who led the advisory team for Peak. |
| Elinor Picton | Corporate Partner | Person | Corporate partner at Taylor Wessing who supported the acquisition process. |
| Richard Potter | CEO | Person | CEO of Peak, involved in the transaction discussions. |