Arma Partners has acted as exclusive financial adviser to Automic on its planned acquisition of ORSYP, the IT operations software specialist.
The contemplated acquisition is subject to the completion of the customary works council information and consultation procedures.
Founded in 1986, ORSYP is headquartered in Paris and delivers transformational IT operations software to more than 1,000 blue-chip customers worldwide, many in the most demanding IT environments. With a broad geographic presence and strong footprint in France and Canada in particular, ORSYP complements Automic’s global reach and helps create one of the world’s largest automation vendors.
Following EQT’s acquisition of Automic (previously known as UC4) in August 2012 for USD271 million from The Carlyle Group (also advised by Arma Partners) and subsequent initiatives to drive global growth, this acquisition represents a significant step forward in further expanding the Automic ecosystem and marks the business’s vision for the future.
The combined business will have over 2,600 customers on active maintenance and over USD160 million in revenue and 600 employees.
This transaction demonstrates Arma Partners’ unique ability to forge long-term relationships with clients, spanning multiple transactions, to help them achieve their growth ambitions.
