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 -MERG ER-REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 23.4.2021  
C(2021 ) 3013 final  
PUBLIC VERSION  
Clearlake  Capital Group L.P. 
233 Wilshire Blvd, Suite 800  
CA 90401 -1207 Santa Monica  
United States of America  
 
TA Associates Mana gement  L.P.  
56th Floor, 200 Clarendon Street  
MA 02116 Boston  
United States of America   
Subject : Case M.10214 – CLEARLAKE / TA ASSOCIATES / PRECISELY  
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 26 March  2021, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which  Clearlake 
Capita l Group, L.P. (“Clearlake”, United States of America ) and TA Associates 
Management, L.P. (“TA Associates”, United States of America)  acquire within the 
meaning of Article 3(1)(b)  of the Merger Regulation joint control of the whole of 
Starfish Parent, L.P. active under the brand Precisely (“Precisely”, United States of 
America) , controlled by Centerbridge Partners, L.P. (“Centerbridge”, United States of 
America ) by way of purchase of  shares .3 
2. The business activities of the undertakings concerned are:  
 Clearlake: private equity investment firm, with portfolio companies active in 
software and technology -enabled services, energy and industrials, and consumer 
products/services , 
                                                 
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 118, 7.4.2021 , p. 72. 

2  TA Associates: private equity investment firm, with portfolio companies active in 
selected industries, including business services, consumer, financial servic es, 
healthcare and technologies ,  
 Precisely: provider of data integrity software, in particular data integration and 
data quality tools, and customer engagement solutions . 
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(c) 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 applicat ion 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 .