Private equity giant Advent eyes offshore growth options for Automic

Private equity giant Advent will weigh up offshore expansion opportunities for its newly acquired share registry, technology and fund services firm Automic, after locking down a local board led by Woolworths and Telstra director Maxine Brenner.

Advent’s head of Australia and New Zealand Beau Dixon said following the completion this week of the $725 million Automic acquisition, attention was turning to the firm’s growth options.

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