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.