# C_2023187EN.01000701.xml

| 30.5.2023 | EN | Official Journal of the European Union | C 187/7 |
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30.5.2023

EN

Official Journal of the European Union

C 187/7

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Prior notification of a concentration

(Case M.11094 – CD&R / STONE POINT / FOCUS)

Candidate case for simplified procedure

(Text with EEA relevance)

(2023/C 187/07)

1.

This notification concerns the following undertakings:

| — | Clayton, Dubilier & Rice Fund XII, L.P., managed by Clayton, Dubilier & Rice, LLC (‘CD&R’, US), |
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Clayton, Dubilier & Rice Fund XII, L.P., managed by Clayton, Dubilier & Rice, LLC (‘CD&R’, US),

| — | Trident IX, L.P., managed by Stone Point Capital LLC (‘Stone Point’, US), |
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Trident IX, L.P., managed by Stone Point Capital LLC (‘Stone Point’, US),

| — | Focus Financial Partners Inc. (‘Focus’, US). |
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Focus Financial Partners Inc. (‘Focus’, US).

CD&R and Stone Point will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Focus.

The concentration is accomplished by way of purchase of shares.

2.

| — | CD&R is a private equity investment group, which originates, structures and frequently acts as lead equity investor in management buyouts, strategic minority equity investments and other strategic investments, |
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CD&R is a private equity investment group, which originates, structures and frequently acts as lead equity investor in management buyouts, strategic minority equity investments and other strategic investments,

| — | Stone Point is an investment firm that targets investments in companies in the global financial services industry and related sectors, |
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Stone Point is an investment firm that targets investments in companies in the global financial services industry and related sectors,

| — | Focus is a partnership of independent, fiduciary wealth management firms. Focus provides access to best practices, resources and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services. |
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Focus is a partnership of independent, fiduciary wealth management firms. Focus provides access to best practices, resources and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

| | M.11094 – CD&R / STONE POINT / FOCUS |
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M.11094 – CD&R / STONE POINT / FOCUS

Observations can be sent to the Commission by email or by post. Please use the contact details below:

| | Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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