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, 30.9.2021  
C(2021 ) 7258 final  
PUBLIC VERSION  
Bridgepoint Group Holdings Limited  
95 Wigmore Street  
W1U 1FB  
London  
United Kingdom  
 
FFL B.V.  
Strawinskylaan 3127  
1077 ZX Amsterdam  
The Netherlands  
Subject : Case M. 10441 — Bridgepoint/FFL/ACT  
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 6 September  2021 , the European Commission received notification of a proposed 
concentration pursuant to Article 4  of the Merger  Regulation by which the 
undertaking s Bridgepoint Group plc, (“Bridgepoint”, UK) and FFL B.V. (“FFL”, The 
Netherlands)  acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger 
Regulation joint control , by way of purchase of shares , over the undertaking s 
Sustainable Market Solutions B.V and ACT Financial Solutions Group, and their 
subsdiaries (together “ACT”, The Netherlands)  which are currently controlled by 
ACT’s founders and current majority shareholders .3 
2. The business activities of the undertakings concerned are:  
  for Bridgepoint: investment group focused on investing in middle market private 
assets, with six distinct investment strategies across private equity a nd private credit 
and a platform across Europe, North America and Asia , 
                                                 
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  Publication  in the Official Journal of the European Union No C 370, 15.09.2021 , p. 6. 

 
2   for FFL: holding company  incorporated by the two founders of ACT and current 
majority owners (B. Bastiaansen and J. Janssen) in the context of this transaction for 
the sole purpose of  exercising their rights in ACT,  
 for ACT: provide r of market based sustainable energy solutions, relating to 
environmental compliance services, corporate sustainability, fuels and feedstock, 
and financial instruments.  
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 treatment 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 .