# C_2021509EN.01002001.xml

| 17.12.2021 | EN | Official Journal of the European Union | C 509/20 |
| --- | --- | --- | --- |

17.12.2021

EN

Official Journal of the European Union

C 509/20

---

Prior notification of a concentration

(Case M.10554 – Blackstone / Francisco Partners / Renaissance)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 509/12)

1.

This notification concerns the following undertakings:

| — | Blackstone, Inc. (‘Blackstone’, USA) |
| --- | --- |

—

Blackstone, Inc. (‘Blackstone’, USA)

| — | Francisco Partners Management, L.P. (‘Francisco Partners’, USA) |
| --- | --- |

—

Francisco Partners Management, L.P. (‘Francisco Partners’, USA)

| — | RL AcquisitionCo, Inc. (‘Renaissance’, USA), solely controlled by Francisco Partners. |
| --- | --- |

—

RL AcquisitionCo, Inc. (‘Renaissance’, USA), solely controlled by Francisco Partners.

Blackstone and Francisco Partners acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of Renaissance.

The concentration is accomplished by way of purchase of shares.

2.

| — | Blackstone is a global asset manager active across a wide range of asset classes including, among others, private equity, real estate and public debt and equity, growth equity, opportunistic, non-investment grade credit, real estate assets and secondary funds; |
| --- | --- |

—

Blackstone is a global asset manager active across a wide range of asset classes including, among others, private equity, real estate and public debt and equity, growth equity, opportunistic, non-investment grade credit, real estate assets and secondary funds;

| — | Francisco Partners is a private equity firm exclusively focused on investments in technology and technology-enabled businesses; and |
| --- | --- |

—

Francisco Partners is a private equity firm exclusively focused on investments in technology and technology-enabled businesses; and

| — | Renaissance provides software targeted at the primary and post-primary education sector, as well as cloud-based software and workflow tools enabling teachers to teach more efficiently. |
| --- | --- |

—

Renaissance provides software targeted at the primary and post-primary education sector, as well as cloud-based software and workflow tools enabling teachers to teach more efficiently.

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.10554 – Blackstone / Francisco Partners / Renaissance

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

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

---

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

1

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

2

---