Prior notification of a concentration (Case M.10085 – Clearlake Capital Group/Siris Capital Group/Endurance/Web.com) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 15/06
Date: 2021-01-14
Institutions: Directorate-General for Competition, European Commission
Subjects: Internet site, economic concentration, electronic commerce, investment company, merger control, software








C_2021015EN.01000601.xml










14.1.2021   


EN


Official Journal of the European Union


C 15/6






Prior notification of a concentration
(Case M.10085 – Clearlake Capital Group/Siris Capital Group/Endurance/Web.com)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 15/06)

1.   
On 6 January 2021, 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:






—


Clearlake Capital Group, L.P. (‘Clearlake’, USA),










—


Siris Capital Group, LLC (‘Siris’, USA),










—


Endurance International Group Holdings, Inc. (‘Endurance’, USA), portfolio company of Clearlake,










—


Web.com Group Inc. (‘Web.com’, USA), portfolio company of Siris.




Clearlake and Siris, acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation, joint control of Web.com and Endurance, including the Constant Contact branded part of Endurance’s business, which will be separated and brought under a new, jointly controlled holding company incorporated under the name CC Holdco.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for Clearlake: a private investment firm, with a portfolio of companies active in software and technology-enabled services, energy, and industrials, and food and consumer products,










—


for Siris: a private investment firm, seeking to invest in companies in the data, technology, technology-enabled business services and telecommunication sectors,










—


for Endurance: a NASDAQ listed company, portfolio company of Clearlake, assisting small and medium sized businesses with their online web presence, email marketing, and other online business solutions,










—


for Web.com: a portfolio company of Siris, providing domain name registration and web development services.






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.


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.10085 – Clearlake Capital Group/Siris Capital Group/Endurance/Web.com
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







(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.