Advent completes acquisition of Australia’s Automic Group; appoints Independent Chairperson and Board Directors

Sydney, 02 December, 2025 – Advent, a leading global private equity investor, is pleased to announce the completion of its previously announced acquisition of Automic Group (“Automic”), a market leading technology company providing investor and fund administration services. Automic delivers financial market infrastructure to serve the mission-critical needs of investors and issuers in Australia and New Zealand.

Automic is a proven disruptor in registry, employee share plans, shareholder analytics, and fund administration services. As the top performing share registry for IPOs and listed transitions in Australia over the past five years, its scalable cloud-native technology platform supports over 1,400 companies and funds, with technology designed to be portable into new markets.

Advent and Automic also announce the appointment of three independent directors to Automic’s Board:

• Non-executive Independent Chairperson: Maxine Brenner, recently announced as an Operating Partner at Advent, brings an extensive track record serving on the boards of some of the largest, most complex, and global businesses including Woolworths (ASX:WOW), Telstra (ASX:TLS) and Brambles (ASX:BXB).
• Non-executive Independent Director: Mark Lazberger, Chairperson of Omnia Capital Partners, a board member of Fisher Funds Management and Yarra Capital Management, and executive leadership roles across leading global fund managers including as the former CEO of Colonial First State Asset Management and President, International at State Street Global Investors.
• Non-executive Independent Director: Mal McHutchison, Chairperson of Allied Credit, a board member of Judo Bank (ASX:JDO), and former CEO with executive leadership roles across private equity and public markets and a strong track record of leading firms in the business, financial and technology sectors.

The independent directors, together with Automic CEO David Raper, will join Advent representatives Beau Dixon, Managing Director, and Hayden Neeland, Director, to form the Automic Board. “We are pleased to introduce the new Automic Board with the appointments of Maxine Brenner, Mark Lazberger and Mal McHutchison. Their highly complementary experience is directly aligned to support Automic’s growth ambitions,” said Beau Dixon, Managing Director and Head of Australia and New Zealand at Advent. “I look forward to working with CEO David Raper, my fellow Board Directors, and the Automic management team in accelerating growth plans, with a continued focus on customers, technology investment and product innovation,” said Maxine Brenner, Non-executive Independent Chairperson.

David Raper, CEO of Automic said, “We are excited about this next phase of growth for Automic as we drive our market leadership in Australia and pursue enhanced global opportunities alongside Advent and a highly experienced Automic Board. With Advent’s support and specialised expertise, together with the appointments of Maxine, Mark and Mal, we are well-positioned to further lead our industry by delivering more innovative, client-focused solutions supporting critical financial markets infrastructure.”

In addition to Automic, Adventʼs existing Australian and New Zealand investments include luxury fashion brand ZIMMERMANN, Transaction Services Group (now part of Xplor Technologies), a leading provider of business management software and integrated payments solutions, as well as its investment in Cobham and Ultra Electronics, two leading defence, aerospace and technology companies, with past and present operations in Australia, and investments in Culligan, which acquired Zip Industries in Australia, and Allnex, which acquired ASX and NZX-listed Nuplex.

About Advent
Advent is a leading global private equity investor committed to working in partnership with management teams, entrepreneurs, and founders to help transform businesses. With 16 offices across five continents, we oversee more than USD $100 billion in assets under management* and have made 435 investments across 44 countries.

Since our founding in 1984, we have developed specialist market expertise across our five core sectors: business & financial services, consumer, healthcare, industrial, and technology. This approach is bolstered by our deep sub-sector knowledge, which informs every aspect of our investment strategy, from sourcing opportunities to working in partnership with management to execute value creation plans. We bring hands-on operational expertise to enhance and accelerate businesses.

As one of the largest privately-owned partnerships, our 675+ colleagues leverage the full ecosystem of Advent’s global resources, including our Portfolio Support Group, insights provided by industry expert Operating Partners and Operations Advisors, as well as bespoke tools to support and guide our
portfolio companies as they seek to achieve their strategic goals.

To learn more, visit our website or connect with us on LinkedIn.

*Assets under management (AUM) as of June 30, 2025. AUM includes assets attributable to Advent advisory clients as well as employee and third-party co-investment vehicles.

About Automic Group
Automic Group is a leading provider of registry and fund administration services across Australia and New Zealand. The Group was founded in 2014 by Paul Williams and now serves more than 1,400 companies and funds. Automic combines innovative technology with a client-focused approach to enhance service quality, strengthen data security and support organisations as they scale.

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Katherine Kim
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