100% acquisition of Auto-IT Group by Perseus Group (Constellation Software Inc.)

Deal typeM&A
IndustryTechnology & Media
Sub-industryTechnology
Client nameAuto-I.T. Pty. Ltd. and subsidiaries

BDO M&A, led by Partner, Andrew McFarlane, acted as lead adviser to the shareholders of Auto IT on the sale of the business to Perseus Group.

Auto-IT is one of the longest-established and leading Dealer Management System (DMS) providers in the APAC market, working closely with all major OEMs and allied industry partners.

Developed over 40 years, AIT has built a trusted and market leading suite of DMS solutions servicing a number of key industries – automotive, agriculture, trucking, and construction.

Perseus Group is a provider of software solutions to a number of vertical markets. The acquisition further expands the Perseus footprint in dealership software markets, having already established a strong presence in North America and the United Kingdom.

Our experience with the BDO M&A team, led by Andy McFarlane, has been outstanding. The successful transaction achieved for the Auto-IT Group is a testament to their unwavering dedication, strategic capabilities, and hard work. BDO’s ability to understand the nuances and complexities of the Group, consistently providing clear, concise, and practical advice throughout the process was invaluable. They always made themselves available to discuss our needs and concerns at every stage of the process and their attention to detail in both the planning and execution phases of the deal was excellent and reassuring. We also benefited from the BDO M&A team being able to work seamlessly with the other areas of the firm when required. We were delighted with the outcome and cannot recommend Andy and the BDO M&A team highly enough.
Wayne RushworthAuto-IT Group CEO