# C_2022218EN.01001701.xml

| 2.6.2022 | EN | Official Journal of the European Union | C 218/17 |
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2.6.2022

EN

Official Journal of the European Union

C 218/17

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Prior notification of a concentration

(Case M.10660 – MONTAGU / HG / WAYSTONE / KB ASSOCIATES)

(Text with EEA relevance)

(2022/C 218/10)

1.

This notification concerns the following undertakings:

| — | Montagu Private Equity LLP (‘Montagu’, United Kingdom), |
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Montagu Private Equity LLP (‘Montagu’, United Kingdom),

| — | Hg Capital LLP (‘Hg’, United Kingdom), |
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Hg Capital LLP (‘Hg’, United Kingdom),

| — | Sigma Luxco 2 S.à r.l. (together with its subsidiaries ‘Waystone’, Ireland), |
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Sigma Luxco 2 S.à r.l. (together with its subsidiaries ‘Waystone’, Ireland),

| — | King TopCo Limited (together with its subsidiaries ‘KB Associates’, Ireland). |
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King TopCo Limited (together with its subsidiaries ‘KB Associates’, Ireland).

Montagu and Hg will acquire joint control over Waystone (Transaction 1) and KB Associates (through Waystone, Transaction 2) within the meaning of Article 3(1)(b).

The concentration is accomplished by way of purchase of shares.

2.

| — | Montagu is a private equity company and a manager of funds active worldwide; |
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Montagu is a private equity company and a manager of funds active worldwide;

| — | Hg is a private equity company active worldwide; |
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Hg is a private equity company active worldwide;

| — | Waystone is a provider of management company (‘ManCo’) and ancillary services (2), focusing on the Irish investment funds sector; |
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Waystone is a provider of management company (‘ManCo’) and ancillary services (2), focusing on the Irish investment funds sector;

| — | KB Associates is a provider of consulting and ManCo services, focusing on the investment funds sector. |
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KB Associates is a provider of consulting and ManCo services, focusing on the investment funds sector.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

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.10660 – MONTAGU / HG / WAYSTONE / KB ASSOCIATES

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

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

Fax +32 22964301

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)  Management company services consist in ensuring (i) regulatory compliance; (ii) investment management; (iii) investment risk management; (iv) operational risk management; (v) capital & financial management; and, (vi) distribution.

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