Automic is the leading pure-play vendor for business automation software globally. The company has pioneered a unified automation engine to help global enterprises improve productivity, drive agility and reduce time to market by automating business processes and IT infrastructure regardless of complexity, location or architecture.
In September 2012, EQT VI acquired Automic from The Carlyle Group with the vision of transforming the company into a category leader in business automation by re-branding and repositioning Automic formerly known as UC4, by leveraging and expanding the existing product offering and by driving operational excellence, especially in sales and marketing.
By end of 2016, Automic had developed into the leading pure-play vendor for business automation software globally with a differentiated product offering spanning across workload automation, application release automation and service orchestration.
In addition to the strong product offering, the continuous investments into the sales and marketing organizations as well as the select add-on acquisitions – including the transformative acquisition and integration of Orsyp – allowed the company to nearly double revenues and triple EBITDA during EQT’s ownership. This was further facilitated by the hiring of top industry talent, including CEO Todd DeLaughter, into Automic’s management team.
In January 2017, EQT sold Automic to CA Technologies in a transaction valuing Automic at EUR 600 million.
Key events during EQT's ownership
- Rebranding of the company from UC4 to Automic to support a more business-line centric sales strategy and an increase in brand awareness
- Continuous investments in product innovation and expansion – both organic and through acquisitions – to strengthen the value proposition of Automic’s ONE Automation platform
- Build-out of Automic’s market position in the high-growth application release automation market, culminating in landmark customer wins and recognition by leading industry analysts
- Several add-on acquisitions including smaller technology “tuck-ins” and the transformative acquisition of Orsyp, which not only allowed Automic to become the global pure-play leader in its market, but also generated significant synergies
- Hiring of Todd DeLaughter as CEO and overall strengthening of the management team and organization, supported by a strong industrial board of directors