– 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