Advent To Buy Australia-Based Automic Group In Reported $725 Million Deal

By Amit Chowdhry • Today at 2:38 PM

Advent International has announced a definitive agreement to acquire Automic Group. This fast-growing technology company has become a cornerstone of financial market infrastructure in Australia and New Zealand. The acquisition marks Advent’s first local deal since opening its Sydney office, and it reflects the firm’s continued commitment to expanding its presence across the Asia-Pacific region. Even though the financial terms of the transaction were not publicly disclosed, multiple sources have valued the deal at approximately $725 million.

Founded in 2014, Automic has quickly established itself as a disruptive force in the financial services sector. The company offers a suite of integrated solutions that span share registry, employee share plans, shareholder analytics, and fund administration. What sets Automic apart is its proprietary cloud-native platform, which consolidates these services into a single, scalable solution. This technology-first approach has enabled Automic to deliver smarter, more efficient outcomes for over 1,400 companies and funds across the region. Its platform is not only robust and secure—validated by ISO 27001 certification—but also designed to be portable, allowing for seamless expansion into new markets.

Automic’s rise has been particularly notable in the IPO and listed transition space, where it has consistently ranked as the top-performing share registry in Australia over the past five years. The company’s success has been fueled by its ability to combine cutting-edge technology with deep domain expertise, offering clients a modern, insight-led experience that stands in contrast to legacy providers.

For Advent, the acquisition of Automic is a strategic move that aligns with its broader investment thesis in the business and financial services sectors. Over the past three decades, Advent has made over 95 investments in this sector across 25 countries, including 17 fintech deals totaling over $6.6 billion since 2008. The firm’s global footprint and operational expertise make it well-positioned to support Automic’s next phase of growth, both within Australia and in international markets.

The acquisition also builds on Advent’s existing investments in Australia, which include luxury fashion brand ZIMMERMANN, business management software provider Transaction Services Group (now part of Xplor Technologies), and Ultra Electronics, a defense and aerospace technology company with operations in the region. These deals reflect Advent’s growing confidence in the Australian market and its intent to embed local expertise within its global investment strategy.

The deal is expected to close by the end of 2025, pending customary regulatory approvals. As Advent and Automic prepare to join forces, the deal stands as a testament to the growing importance of technology-driven financial infrastructure—and to the value of strategic partnerships that combine local insight with global scale.

KEY QUOTES:

“We see strong alignment between Automic Group and Adventʼs investment philosophy. We have identified a high-quality business in one of Adventʼs key sectors: business and financial services. We are confident we can deliver significant value creation by applying our hands-on, in-market, and global operational expertise. We are pleased to be making our first acquisition since opening Adventʼs Sydney office, and we look forward to working closely with Automic Groupʼs management team to support its next phase of growth.ˮ

Beau Dixon, Managing Director and Head of Australia and New Zealand at Advent

“We are excited to be partnering with Advent, leveraging their global best practice and industry knowledge, long track record of value creation to deliver continued growth, and market leading solutions to our customers.ˮ

David Raper, CEO of Automic Group

“Automic Group is a proven industry disruptor with a robust cloud-native technology platform that is scalable with significant growth opportunities ahead. We are excited by the companyʼs demonstrated track record of customer acquisition and ability to innovate, launch, and grow new products.ˮ

Hayden Neeland, Director at Advent