Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 14.9.2020  
C(2020 ) 6358 final  
PUBLIC VERSION  
To the notifying pa rties 
Subject : Case M. 9931  – Stirling Square Capital Partners/TA Associates/DOCU 
Nordic Group  
Commission decision pursuant to Article 6(1)( b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 20 August 2020 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which  SSCP Fourth 
Fund (Jersey), managed by Stirling Square Capital Partners Jersey AIFM Limited 
(“SSCP”, Jersey ), and TA Associates Management L.P. (“TA Associates”, US),   
acquire within the meaning of Article 3(1)(b)  and 3(4)  of the Merger  Regulation joint 
control over the whole of the undertaking SSCP BYGG TopCo AB (“DOCU Nordic 
Group”, Sweden), solely controlled by SSCP by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 SSCP Fourth Fund : investment fund that seeks to make,  hold, monitor and realise 
controllin g investments via management buy -outs, management buy -ins, growth  
capital and other private equity transactions throughout Europe , 
 TA Associates : private equity firm focused on targeted sectors w ithin five 
industries – technology, healthcare, financial service, consumer and business 
services,  
 DOCU Nordic Group: provider of market data and market intelligence services to 
companies in the Nordic construction industry as well as the Nordic property and 
healthcare sectors.  
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 
3  Public ation in the Official Journal of the European Union No C 283, 27/08/2020 , p. 5. 

2 3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (b) of the Commission  Notice on a simplified procedure for tr eatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .