High growth, market leading consultancy helping blue-chip corporates implement and manage intelligent automation and robotic process automation.
The Roboyo team had created a business delivering strong organic growth of >70% per annum, but their ambitions extended beyond this. To create a truly global automation leader, they recognised the need to expand beyond their DACH heartland, continue to invest into their proprietary automation solutions and bring on board top talent. MML invested for a minority stake alongside Christian, Nic and Sven in 2020. We are now working alongside the team to accelerate expansion plans, in particular leveraging MML’s UK and US presence to drive growth in those markets.
Christian and I were working at a big four consulting firm and were staffed on an automation project at a large re-insurance company. We quickly realised that the specialist automation expertise within the firm and the broader market was limited and so, together with our co-founder Sven, we decided to start Roboyo, a pure-play automation practice with a real depth of technical expertise.
Automation software vendor UiPath was just getting going when we started. It has recently listed at a valuation of $30bn, which tells you all you need to know about how fast the RPA and IA market has evolved and grown. Corporates are increasingly recognising the advantages of automation, not just to deliver cost and efficiency savings, but importantly to drive customer service and focus employees on more rewarding, value add tasks. However, as with any process change or software implementation, unless it is delivered and managed effectively, the upsides will not be realised. That’s where Roboyo comes in.
There are still relatively few pure-play automation consulting practices globally. We recognised that to really capitalise on the opportunity to become the global leader we were going to need some help. This was across a range of areas, but included support to manage our international expansion and to accelerate this through selective M&A.
Busy! We have launched greenfield in the UK and France, welcomed senior recruits into our US team, and launched an updated brand and website. We have also completed two highly strategic acquisitions, and with that welcomed a large number of talented new colleagues. On top of that, Sven and myself have also welcomed children into the world!
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