Advised Automic, a leading global provider of business automation software, on its sale to CA Technologies
Dec 2016
(a portfolio company of EQT)
acquired by
$638 million
  • Sector: Infrastructure Software & Cybersecurity
  • Deal Type: Strategic Deals; Private Equity Deals
  • Engagement type: Sellside
  • Size: $638 million
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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.

– Automic is a leader in the business automation software space

– Founded in 1985, Automic employs c.600 staff and serves more than 2,700 blue-chip customers in the energy, financial services, healthcare, manufacturing, retail and telecommunications sectors across Europe, North America and Asia, automating tens of millions of mission-critical IT operations a day

– Automic generated revenues of c.€128 million in the fiscal year ended 30 April 2016 and is headquartered in Vienna, Austria, and Bellevue, WA, US

– Founded in 1974, CA provides IT management software and solutions to help plan, develop, manage and secure applications and IT infrastructure

– CA’s solutions include agile management, API management, DevOps, mainframe and security solutions

– CA’s product offering is sold for use mainly in financial services, telecommunications, manufacturing, retail sectors and government agencies

– Based in New York, US, the company is listed on Nasdaq (Nasdaq: CA)

– The acquisition enhances CA’s product portfolio and overall position as the leading provider of infrastructure software

– 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

– The transaction solidifies CA’s geographical presence in the North American markets and significantly expands their presence in Europe, especially in the DACH and France region

– Arma had forged a close strategic advisory relationship with Automic over several years. This is Arma’s 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’s long-term and relationship-driven approach to M&A advisory

– Arma supported the company through the exit process, including financial analysis, strategic positioning, valuation, preparation of marketing materials, buyer interactions, price negotiations and effected a very successful exit for EQT within an accelerated timeframe while minimising business disruption

– This transaction highlights Arma Partners’ long-standing track record of working with European clients to secure landmark deals with strategic acquirers in North America

– The transaction also illustrates Arma’s leadership in advising companies in the infrastructure software sector, leveraging Arma Partners’ deep domain expertise, understanding of the buyer universe and first class execution capabilities