Prior notification of a concentration (Case M.10128 — Stirling Square Capital Partners/TA Associates/Glenigan) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 39/09
Date: 2021-02-04
Institutions: Directorate-General for Competition, European Commission
Subjects: data processing, economic concentration, financial services, health care, information service, investment company, merger control, provision of services, software, transfer of businesses








C_2021039EN.01002401.xml










4.2.2021   


EN


Official Journal of the European Union


C 39/24






Prior notification of a concentration
(Case M.10128 — Stirling Square Capital Partners/TA Associates/Glenigan)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 39/09)

1.   
On 28 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:






—


Stirling Square Capital Partners Jersey AIFM Limited (‘SSCP Funds’, Jersey, UK),










—


TA Associates, L.P. (‘TA Associates’, USA),










—


Glenigan Limited (‘Glenigan’, UK).




The SSCP Funds and TA Associates acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Glenigan.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for SSCP Funds: SSCP Funds invest through three private equity funds, among others, in unquoted equity and equity-linked instruments via management buy-outs, management buy-ins, growth capital and other private equity transactions throughout Europe,










—


for TA Associates: TA Associates is focused on targeted sectors within technology, healthcare, financial services, consumer, and business services,










—


for Glenigan: Glenigan supplies market data and intelligence software and services to companies in the construction industry, including in relation to office relocation and refurbishment in relation to project information and contact data, primarily in the UK.






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.10128 — Stirling Square Capital Partners/TA Associates/Glenigan
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.