Peak Sells to UiPath in Strategic Expansion Move
Deal News | Apr 07, 2025 | CEE Legal Matters
Taylor Wessing has provided legal counsel to Peak, a Manchester-based inventory and pricing optimization company, in its recent sale to UiPath, a leading enterprise automation and AI software firm originally from Romania. The acquisition will enable Peak to leverage UiPath's platform to scale its solutions on a global scale, particularly as part of UiPath's next-generation AI-driven applications strategy. This transaction is indicative of UiPath's commitment to integrating advanced AI capabilities into its offerings. Led by partners Howard Palmer and Elinor Picton, the Taylor Wessing team worked on facilitating this deal, although the firm has not divulged further specifics of the transaction.
Sectors
- Technology
- Legal Services
Geography
- United Kingdom – Peak, the target company in the transaction, is headquartered in Manchester, UK.
- Romania – UiPath, the acquiring company, was originally founded in Romania.
Industry
- Technology – The article discusses a transaction involving companies operating in the technology sector, specifically focusing on AI and enterprise automation.
- Legal Services – The involvement of Taylor Wessing, a law firm, indicates the relevance of legal advisory services in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Peak | Target Company | Company | An inventory and pricing optimization company headquartered in Manchester. |
| UiPath | Buyer | Company | An enterprise automation and AI software company founded in Romania. |
| Taylor Wessing | Legal Advisor | Company | A law firm that advised Peak on the sale to UiPath. |
| Howard Palmer | Partner | Person | London-based Partner at Taylor Wessing leading the advisory team. |
| Elinor Picton | Partner | Person | London-based Partner at Taylor Wessing leading the advisory team. |