Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP M ERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 10.09.2020  
C(2020 ) 6307 final  
PUBLIC VERSION  
To the notifying parties  
Subject : Case M. 9876  – TA ASSOCIATES  / FRANCSICO * PARTNERS / EDIFECS  
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 13 August 2020 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which  funds managed 
by TA Associates Management L.P. (“TA Associates”, United States), and funds 
managed by Francisco Partners Management LP (“Francisco Partners”, United 
States), acquire within the meaning  of Article 3(1)(b) and 3(4) of the Merger 
Regulation joint control ov er the whole of the undertaking  Edifecs, Inc. (“Edifecs”, 
United States ) by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 for TA Associates:  private equity firm, active in investing in five core sectors, 
namely tech nology, financial services, healthcare, consumer and business services 
industries in Europe, North America and Asia.  
 for Francsisco * Partners : private equity firm exclusively focused on investment in 
technology and technology -enabled businesses.  
 for Edifecs: healthcare technology company active in the provision of 
infrastructure solutions which  aim to  improve operational performance by 
streamlining the exchange of information between hospitals and other healthcare 
organizations, while enabling complia nce with industry regulations . 
                                                 
*  Should read: “Francisco”  
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 278, 24.08.2020 , p. 4. 
 

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 (a) 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 Agre ement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .