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Five V Capital eyes Automic investment

Gilbert + Tobin has advised Automic Group on Five V Capital’s latest investment in the company.

October 07, 2021 • By Emma Musgrave
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Five V Capital eyes Automic investment
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Firms: Gilbert + Tobin (Automic Group); Undisclosed (Five V Capital).

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Deal: Five V Capital has completed an investment in Automic Group.

 
 

Value: $80 million.

Area: Finance.

Key players: The Gilbert + Tobin team was led by partner Adam D’Andreti with assistance from lawyers Elizabeth Cameron, Xavier Keary and Liya Wu.

Deal significance: Automic Group is a share registry and professional services company.

Five V Capital’s $80 million investment in the company sees Automic now valued at over $200 million, a statement from Gilbert + Tobin explained.

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“As one of Australia’s leading share registry providers, Automic Group has more 800 ASX-listed and unlisted clients including Zip, Guzman & Gomez, Magellan, and helloworld travel, making it the second largest share registry provider behind Computershare,” the firm noted.

Commenting further, lead partner Adam D’Andreti said: “We are delighted to have advised Automic Group on this milestone investment. The deal signifies the growing interest for innovation and technology within the ASX market.”

“We congratulate Automic Group and Five V Capital on their new partnership and look forward to seeing Automic Group continue to grow its cloud-based capabilities to further streamline registries across listed and unlisted markets.”

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Emma Musgrave

Emma Musgrave

Author

Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.

Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences. 

Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.

She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University. 

Email Emma on: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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