My Advent team is set to acquire Automic Group to enhance our growth strategy.

Advent has agreed to acquire Automic Group, an Australian investor administration and services platform. Automic Group operates a cloud-based technology platform that manages shareholder administration, fund administration, share plans, reporting, and analytics for a diverse clientele, including listed and unlisted companies, investment funds, wealth advisors, and investors across Australia and New Zealand. The business, currently being sold by the ADBO Group and other shareholders such as Five V Capital and certain Automic employees, supports over 1,400 companies and funds in the region. Its technology is designed to be portable and scalable, facilitating future expansion into new markets. In addition to its technology platform, Automic also provides professional services to its clients.

The acquisition by Advent aims to accelerate Automic’s growth strategy, which includes increased investment in technological development, the integration of Artificial Intelligence, and expansion into international markets. Automic’s registry division has been successfully working with a growing number of clients, including several ASX200 companies that have transitioned to its platform. The company emphasises features such as cybersecurity, data redundancy, and zero downtime, with ISO 27001 certification underscoring its commitment to information security. Automic Group Executive Chair Paul Williams expressed enthusiasm about the partnership with Advent, viewing it as a significant step towards achieving their vision of becoming a major player in investor administration services in Australia and pursuing global opportunities. 

Categories: Acquisition, Technology Development, Market Expansion 

Tags: Advent, Automic Group, Acquisition, Investor Administration, Technology Platform, Cybersecurity, International Expansion, Artificial Intelligence, ASX200, Regulatory Approvals