# C_2018173EN.01002001.xml

| 22.5.2018 | EN | Official Journal of the European Union | C 173/20 |
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22.5.2018

EN

Official Journal of the European Union

C 173/20

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Prior notification of a concentration

(Case M.8921 — Onex/Vista/Severin Topco)

Candidate case for simplified procedure

(Text with EEA relevance)

(2018/C 173/09)

| 1. | On 14 May 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
  This notification concerns the following undertakings:






  — | Onex Corporation (‘Onex’, Canada), |
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1.

On 14 May 2018, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

1

This notification concerns the following undertakings:

—

Onex Corporation (‘Onex’, Canada),

| — | Vista Private Equity (‘Vista’, United States), |
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—

Vista Private Equity (‘Vista’, United States),

| — | Severin Topco LLC (‘Severin Topco’, United States). |
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—

Severin Topco LLC (‘Severin Topco’, United States).

Onex and Vista acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Severin Topco.

The concentration is accomplished by way of purchase of shares.

| 2. | The business activities of the undertakings concerned are:
  —   for Onex: a Canadian-based corporation listed on the Toronto Stock Exchange that invests in companies through a number of private equity funds,
  —   for Vista: an investment firm based in the United States,
  —   for Severin Topco: a provider of application software and talent management software for school systems under the names PowerSchool and PeopleAdmin. |
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2.

The business activities of the undertakings concerned are:

—   for Onex: a Canadian-based corporation listed on the Toronto Stock Exchange that invests in companies through a number of private equity funds,

for Onex

—   for Vista: an investment firm based in the United States,

for Vista

—   for Severin Topco: a provider of application software and talent management software for school systems under the names PowerSchool and PeopleAdmin.

for Severin Topco

| 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.
  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. |
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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.

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.

2

| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
  M.8921 — Onex/Vista/Severin Topco
  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 |
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| Fax +32 22964301 |
| Postal address: |
| European Commission |
| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

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

M.8921 — Onex/Vista/Severin Topco

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

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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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