Alantra advises MML Capital Partners on its €21m investment in leading RPA consultancy, Roboyo

Sep 2020

Buy-side advisory

Alantra, the independent, global mid-market investment banking firm, has advised MML Capital Partners (“MML”) on its €21m investment in leading robotic process automation (RPA) consultancy, Roboyo.

Founded in 2015 in Nuremberg, Germany, Roboyo established itself as one of the first consulting services for Robotic Process Automation. The business provides services ranging from strategic consulting and identification of automation opportunities, through to the development and implementation of RPA solutions. The team consists of entrepreneurs, consultants and developers with experience in large international IT and management consulting firms and has leading partner relationships with technology vendors including UiPath, Blue Prism and ABBYY. With offices located across Europe, the US and India, Roboyo works with some of the world’s largest enterprises across numerous industries including financial services, automotive, manufacturing, healthcare, and retail.

RPA is one of the fastest-growing enterprise software categories and, with considerable fragmentation amongst service providers, is ripe for M&A activity. There are only a few independent, pure-play RPA specialists of true scale, with Roboyo seen as the European market-leader. MML’s investment will help support Roboyo through its next stage of growth, along with its ambitions to scale on a global basis.

Christian Voigt, Nicolas Hess and Sven Manutiu, founders of Roboyo: “We had a choice of investment partners and we chose MML because of their unique partnership approach and our shared vision on the future opportunities for the intelligent automation market. With this investment, we will be able to support more customers in more territories as a partner in their transformation into the digital age. In MML we have found the right partner to further accelerate our business and to attract the best talent in the market.”

Luke Jones, Partner at MML: “Christian, Nic, Sven and their team have built a truly market leading business in the fast growth intelligent automation market.  We are delighted to partner with them, and together look forward to working to extend Roboyo’s offering into new geographies, build on its technical leadership position and continue to attract fantastic talent.”