We have advised Peak, an AI-native inventory and pricing optimisation company, on its acquisition by UiPath, a leading enterprise automation and AI software company.
Headquartered in Manchester, Peak's AI platform optimises product inventory and pricing for businesses of all sizes and across a wide range of industries. With Peak, customers can develop AI workflows, process data, and provide predictions that are used to optimise critical business processes through APIs or integrated web applications. Its new breed of AI-based decisioning applications also allows business users to make highly complex decisions such as planning inventory and optimising product pricing decisions.
UiPath develops AI technology that mirrors human intelligence with ever-increasing sophistication, transforming how businesses operate, innovate, and compete.
With this transaction UiPath can accelerate market growth and deliver vertical-oriented, next-generation AI-driven agentic applications with intelligence powered by LLMs. As part of UiPath, Peak can scale its solutions globally and reach new industries, ensuring continued growth and innovation.
Commenting on the transaction, corporate partner Howard Palmer said: "We have worked with Peak for over five years, including on several of its fund raisings, so it's a huge pleasure to work together with the team once again and to have supported them on the next step of the company's growth journey."
Corporate partner Elinor Picton added: "We used our in depth knowledge of Peak's business to ensure that every aspect of the transaction was addressed promptly and efficiently, enabling Peak to join forces with UiPath seamlessly. This was a collaborative effort, and we are pleased to have worked with all parties to such successful conclusion."
Richard Potter CEO at Peak said: "Taylor Wessing's deep understanding of technology and the market has been invaluable to us. Their knowledge of innovative technology and expertise in the AI space, as well as the team's understanding of our business has been key to the success of this transaction. We appreciate their unwavering support in meeting our business needs."
The team advising Peak was led by partners Howard Palmer and Elinor Picton and included associates Loye Oyedotun and Dillan Madhani and paralegals Savannah Swale, James Giddins and Mona Dimitrova in the Corporate M&A group.
Other members of the team included:
Finance
Partner Gabriel Estevez and associates Christian Wiltshire and Anneliese Amoah
Employment
Partner Paul Callaghan, senior associate Ruth Moffett and associate Joe Burton
Commercial Technology
Partner Sian Skelton, senior counsel Kelly Burke, senior associate Megan Lukins
Incentives
Partner Ann Casey and senior counsel Katie Lewis
Tax
Partner Liz Wilson and senior associate Sally Robertson
Pensions
Partner Mark Smith and senior associate Afshan Mallik
