Advised Automic, a leading global provider of business automation software, on its sale to CA Technologies

Arma Partners is pleased to announce that it has acted as financial advisor to EQT on the sale of its portfolio company, Automic, to CA Technologies (Nasdaq:CA) at an enterprise valuation of €600m.

Automic is a leading global provider of business automation software that helps enterprises improve productivity and drive agility by automating business processes and IT infrastructure regardless of architecture, complexity and location. Headquartered in Vienna, Austria, with approximately 600 employees across Europe, North America and Asia, Automic serves a wide range of customers in the energy, financial services, healthcare, manufacturing, retail and telecommunications sectors.

With Automic, CA will add new cloud-enabled automation and orchestration capabilities with real-time analytics to enable customers to move from IT-centric task automation to business-centric intelligent automation, thereby addressing their IT operations and DevOps needs on-premise, in the cloud and in hybrid cloud environments.

This transaction highlights Arma Partners’ long-standing strong track record of working with European headquartered clients to secure landmark transatlantic deals with strategic acquirers in North America. This is Arma Partners’ third transaction with Automic (previously UC4) after advising Carlyle on its €220m initial sale to EQT and subsequently executing the transformative acquisition of Orsyp, reflecting Arma Partners’ long-term and relationship-driven approach to M&A advisory.

The sale of Automic follows Arma Partners’ recent role as advisor to HgCapital on the sale of its Wiesbaden-headquartered portfolio company P&I for €835m to Permira, which highlights Arma Partners’ strong position in the German-speaking region.