Global private equity firm Advent International has signed a definitive agreement to acquire Automic Group, a provider of financial market infrastructure and fund administration services in Australia and New Zealand. Terms of the deal have not been disclosed.
The transaction is expected to close by the end of 2025, subject to regulatory approvals.
Automic offers a cloud-native platform supporting registry services, employee share plans, shareholder analytics, and fund administration for over 1,400 companies and funds. Over the past five years, it has been the top-performing share registry for IPOs and listed transitions in Australia. The platform is designed to scale into new markets, presenting significant growth opportunities.
The deal continues Advent’s expansion in the Asia Pacific region, building on prior investments in India, China, and Australia, including luxury fashion brand ZIMMERMANN, business management software group Transaction Services Group (now part of Xplor Technologies), and Ultra Electronics.
Advent has more than $100bn in assets under management across 16 offices worldwide, with over 435 investments in 44 countries since 1984.