Advent to acquire Automic Group.

Advent, a global private equity investor, agreed to acquire Automic Group, a technology company delivering financial market infrastructure to serve the mission-critical needs of investors and issuers in Australia and New Zealand. Financial terms were not disclosed. “We see strong alignment between Automic Group and Adventʼs investment philosophy. We have identified a high-quality business in one of Adventʼs key sectors: business and financial services. We are confident we can deliver significant value creation by applying our hands-on, in-market, and global operational expertise,” Beau Dixon, Advent Managing Director and Head of Australia and New Zealand.