Five V Capital invests in Business Automation Works, a leader in Australian tax automation software

BDO acted as adviser to Five V Capital, providing financial due diligence services in their investment in Business Automation Works (BAW), a leading provider of tax automation software for Australian accounting firms.

Founded in 2018, BAW has established itself as a trusted automation software provider for Australian tax agents. Its flagship product, ‘ATOmate’, streamlines the processing, review, management, and distribution of correspondence from the ATO, enhancing efficiency for accounting practices. Today, ATOmate supports over 1,500 accounting firms across Australia, ranging from large multinationals to small practices.

The BDO team was pleased to support Five V Capital with financial due diligence services for this transaction, helping enable a strategic partnership that will support BAW’s next phase of growth. This investment aligns with Five V Capital’s strategy of backing high-quality, founder-led businesses with strong growth potential, and we look forward to seeing the continued success of BAW under the leadership of founders Stan Corner and Paul Salcombe.