Prior notification of a concentration (Case M.10233 — Clearlake/TA Associates/Charlesbank/Ivanti) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 149/04
Date: 2021-04-27
Institutions: Directorate-General for Competition, European Commission
Subjects: consumer goods, economic concentration, energy industry, financial services, health care, investment company, merger control, provision of services, software, technology








C_2021149EN.01000801.xml










27.4.2021   


EN


Official Journal of the European Union


C 149/8






Prior notification of a concentration
(Case M.10233 — Clearlake/TA Associates/Charlesbank/Ivanti)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 149/04)

1.   
On 14 April 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’, United States),










—


TA Associates Management, L.P. (‘TA Associates’, United States),










—


Charlesbank Capital Partners, LLP (‘Charlesbank’, United States),










—


Ivanti Software, Inc. (‘Ivanti’, United States) currently controlled by Clearlake and TA Associates.




Clearlake, TA Associates and Charlesbank acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over Ivanti. 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 portfolio companies active in software and technology-enabled services, energy and industrials, and consumer;










—


for TA Associates: a private equity firm with portfolio companies active in selected industries, including business services, consumer, financial services, healthcare and technologies;










—


for Charlesbank: a private equity firm with portfolio companies active in business services, consumer, healthcare, industrial and technology and technology infrastructure;










—


for Ivanti: Ivanti offers a software platform for companies’ internal IT departments, which provides user management and industrial mobility software and solutions. Ivanti’s offering allows an organisation’s internal IT department to track and log IT issues, and track completion/resolution of the issues.






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.10233 — Clearlake/TA Associates/Charlesbank/Ivanti
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.