Eqt corporation is a leading independent natural gas producer with an evolutionary focus on our future. Automic is a leading global provider of business automation software that. The carlyle group is to sell uc4 software, the worlds largest independent it process automation software vendor, to swedish privateequity firm eqt partners for. A fund related to swedish private equity shop eqt partners ab said thursday that it will sell business automation software maker automic holding gmbh to a software company in a deal that values. Eqt is a differentiated global investment organization with a 25year history of investing in, owning and developing companies and has a demonstrated trackrecord of attractive, consistent investment performance across multiple geographies, sectors and strategies. Swedish private equity investor eqt partners has emerged victorious in the heated competition for austrianbased it automation solutions provider uc4 software gmbh, agreeing a eur220m usd270m. European buyout firm eqt partners sold its stake in software provider automic software gmbh in a. Swedish company buys uc4 in bellevue the seattle times. Automic software experiences exponential growth with zobito zobito. Eqt vi acquired automic, then named uc4, in august 2012 with the vision of transforming the company into a category leader in business automation. Cyril tergiman is partner at eqt partners uk advisors llp. Uc4 software gmbh is the worlds leading independent enterprise automation and job scheduling solution.
The company offers infrastructure solutions for dynamic applications. Eqt vi sells automic, a leading global provider of business automation software. Eqt partners aktiebolag operates as a private equity firm. Eqt is the leading private equity group in northern europe with nearly eur 18 billion in raised capital. Eqt partners has agreed to sell automic, a provider of business automation software, to ca technologies in a sale that values the company at 600 million. Eqt mid market to acquire xp solutions business wire. Automic software gmbh develops information technology process automation software. Eqt is a differentiated global investment organization with a 26year history of investing in, and developing and owning, companies and has a demonstrated trackrecord of attractive, consistent investment performance across multiple geographies, sectors and strategies. The carlyle group is to sell uc4 software, the worlds largest independent it process automation software vendor, to swedish privateequity firm eqt partners for an enterprise value of 220 million. Eqt sells software unit to ca technologies for 600m law360. Eqt vi sells automic to ca technologies for 600m 05122016 austria, usa software eqt eqt vi limited eqt vi has entered into a definitive agreement to sell automic holding gmbh automic or the company to ca technologies inc. Automic, a portfolio company of eqt partners, is planning on buying orsyp sas. The transaction sees carlyle europe technology partners and uc4 founder franz beranek sell stakes in the business. Eqt vi sells automic, a leading global provider of business automation software, to ca technologies with its unified one automation platform, automic helps.
Eqt and the industrial advisors saw big potential in realizing the identified growth potential by investing into and increasing the focus on the companys sales and marketing function. Suse partners with growth investor eqt to continue. Eqt partners automic to acquire parisbased orsyp pe hub. Schoenherr advised eqt partners on the eur 220 million acquisition of austrias uc4 software group from carlyle. More specifically, within software, eqt is currently invested in ifs, sitecore and until 2017 in automic. Together with a network of industrial advisors, the firm invests in private equity, mid market, infrastructure and credit in. Eqt vi limited eqt vi has entered into a definitive agreement to sell automic holding gmbh automic or the company to ca technologies inc. Carlyle sells austrian it firm uc4 to swedens eqt in. Uc4 software purchased in private equity deal following strong growth. European software company has been sold to a european buyer.
Eqt is expected to support uc4 in accelerating its. Etqs business partners offer our customers strong domain expertise and provide a host of services that are designed to complement etqs industry leading flexible software platform. Cl has revealed a deal to buy texasbased business aviation services provider landmark aviation from investors gtcr llc and platform partners llc. In what it calls an attempt to take on global enterprise software giants, bellevue, wash.
Etq selects only those partners that provide the most value to the market. The carlyle group has invested in uc4 software through its european technology investment fund, carlyle europe technology partners. Eqt vi has agreed to acquire uc4 software group uc4 or the company from carlyle europe technology partners, the founder franz beranek and management for an enterprise value of eur 220 million. Eqt infrastructure acquires peregrine midstream partners, a natural gas storage company in the united states. Bellevue, wamarketwire 0812 uc4, the worlds largest independent it process automation software company, today announced that private equity firm eqt vi has agreed to purchase the company from global asset manager the carlyle group. Uc4 after advising carlyle on its 220m initial sale to eqt and. Eqt has a unique industrial approach and is a growth and development focused owner with a strong record of successful investments in a variety of sectors, using a diversified network of industrial advisors globally.
Ca technologies in a transaction valuing automic at eur 600m. To download the remaining portions of software equity groups complimentary software industry flash report, which assesses the financial and market performance of more than 250 publicly traded software, saas, and internet. Eqt has operations in pennsylvania, west virginia and ohio and is dedicated to responsibly developing our worldclass asset base in the core of the appalachian basin. Eqt to acquire leading open source software provider suse. Eqt vi acquired software company automic formerly uc4 software group in september 2012. Uc4 develops it process automation software to manage the cloud, big data, and devops. Eqt acquires it automation company uc4 financial times.
Christoph leitnerdietmaier director montagu private. Eqt vi has agreed to acquire uc4 software group uc4 or the company from carlyle europe technology partners, the founder franz beranek. Uc4 is the worlds largest independent it process automation software vendor. Stockholm including stock price, stock chart, company news, key statistics, fundamentals and company profile. Eqt partners, the swedish private equity group, has clinched a closely. Eqt partners, the swedish private equity group, has clinched a closely fought bidding battle to buy it process automation company uc4 from the carlyle group for 220m, according to people close to the situation. Etq is able to reach these companies throughout the world through our extensive global partner network. The company offers investments in healthcare, consumer goods, industrial, energy, and environmental industries. As coinvestors with eqt partners, zobito actively supported the company on its development journey, driving expansion into the rapidly growing cloud and. Eqt vi has agreed to acquire uc4 software group uc4 or the company from carlyle europe technology partners, founder franz beranekuc4s, and its management for an enterprise value of eur 220 million. Eqt mid market agrees to acquire xp solutions, a usbased global leading provider of water infrastructure and flood control software. The carlyle group is an americanbased global asset management firm, specializing in private equity.
Every partner etq engages provides a high level of value and energy for growing their business and representing the etq brand. Brendan scollans partner eqt partnerseqt ab linkedin. We are deeply impressed by the entrepreneurial spirit with which josef wildgruber, uwe behr and their team have built a true german mittelstandschampion over the last years. Partner at eqt partners and investment advisor to eqt vi. Eqt mid market is seeking to partner with inspiring founders and strong management teams who have a clear vision for their business. Carlyle to sell uc4 software to eqt partners reuters. About eqt partners ab eqt partners aktiebolag operates as a private equity firm. Eqt vi has agreed to acquire uc4 software group uc4 or the company from carlyle europe technology partners, the founder franz. Acumatica acquired by global private equity firm in bid to. The largest global provider of independent it process automation software uc4 has been acquired by.
1440 1344 1308 902 11 471 1157 1221 771 419 1160 526 1380 1342 701 731 824 1262 1554 1072 600 1441 1472 729 1579 1282 1113 1308 1244 671 641 121 694 1251 415