# C_2021330EN.01000901.xml

| 17.8.2021 | EN | Official Journal of the European Union | C 330/9 |
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17.8.2021

EN

Official Journal of the European Union

C 330/9

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Prior notification of a concentration

(Case M.10380 — Hg/TA/Insightsoftware)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 330/07)

1.

This notification concerns the following undertakings:

| — | The limited partnerships comprising Hg Saturn 2, along with potential co-investor vehicles, in each case managed by Hg Pooled Management Limited, a subsidiary of HgCapital LLP (‘Hg’, UK), |
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The limited partnerships comprising Hg Saturn 2, along with potential co-investor vehicles, in each case managed by Hg Pooled Management Limited, a subsidiary of HgCapital LLP (‘Hg’, UK),

| — | TA Associates Management, LP (‘TA’, USA), and |
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TA Associates Management, LP (‘TA’, USA), and

| — | GS Topco, LP and its subsidiaries (‘Insightsoftware’, USA). |
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GS Topco, LP and its subsidiaries (‘Insightsoftware’, USA).

Hg and TA acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Insightsoftware.

The concentration is accomplished by way of purchase of shares.

2.

| — | Hg is a specialist private equity investor which manages funds that invest mainly in Europe. Through its subsidiaries, Hg administers capital investments and offers advisory and other services for a variety of participation companies, such as private and public pension funds, insurance companies, endowments and foundations, |
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Hg is a specialist private equity investor which manages funds that invest mainly in Europe. Through its subsidiaries, Hg administers capital investments and offers advisory and other services for a variety of participation companies, such as private and public pension funds, insurance companies, endowments and foundations,

| — | TA is a private equity firm focused on targeted sectors within technology, healthcare, financial services, consumer and business services in North America, Europe and Asia, and |
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TA is a private equity firm focused on targeted sectors within technology, healthcare, financial services, consumer and business services in North America, Europe and Asia, and

| — | Insightsoftware is a provider of business software, offering a suite of financial reporting tools that serve the needs across the office of the CFO. |
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Insightsoftware is a provider of business software, offering a suite of financial reporting tools that serve the needs across the office of the CFO.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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.10380 — Hg/TA/Insightsoftware

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’).

1

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

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