Allens is advising leading global private equity investor Advent International (Advent) on its acquisition of Automic Group (Automic), a market leading technology company delivering financial market infrastructure to serve the mission-critical needs of investors and issuers in Australia and New Zealand.
Allens advised on all aspects of the transaction, including M&A, debt financing, regulatory approvals and due diligence with a cross-practice team of experts in corporate, employment, technology, IP and others.
'We are honoured to have supported Advent on its first acquisition since opening an office in Australia. Our congratulations to the Advent Australia team Beau Dixon, Hayden Neeland, and Sherrie Zheng on their role in delivering this incredible milestone,' said joint lead partner Noah Obradovic.
'This transaction highlights the strong interest from lenders in Australia's technology-enabled services sector and the continued appetite from credit markets in high-quality platforms with scalable growth potential. The transaction is another great achievement for our market leading leveraged finance practice,' said joint lead partner David Couper.
The transaction is expected to close by the end of 2025, subject to customary regulatory approvals.
Allens is Australia's #1 legal adviser in private equity, and is the only Australian firm ranked in Mergermarket's global top 10 private equity legal advisers for H1 2025.