Prior notification of a concentration (Case M.10317 — Macquarie/Warburg Pincus/PTSG) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 236/06
Date: 2021-06-18
Institutions: Directorate-General for Competition, European Commission
Subjects: building safety, building services, economic concentration, investment company, maintenance, merger control, provision of services, supply








C_2021236EN.01001201.xml










18.6.2021   


EN


Official Journal of the European Union


C 236/12






Prior notification of a concentration
(Case M.10317 — Macquarie/Warburg Pincus/PTSG)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 236/06)

1.   
On 11 June 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:






—


Warburg Pincus LLC (‘Warburg Pincus’, USA),










—


Macquarie Group Limited (‘Macquarie’, UK),










—


Premier Technical Services Group Limited (‘PTSG’, UK)




Warburg Pincus and Macquarie acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of PTSG.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


For Warburg Pincus: management of private equity funds; Warburg Pincus’ portfolio companies are active in a variety of sectors, including energy, financial services, healthcare, industrial and business services, technology, media and telecommunications,










—


for Macquarie: provision of asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities; Macquarie holds interests in a number of companies in various industry sectors, including, but not limited to, energy utilities in Europe,










—


for PTSG: supply of building safety equipment and maintenance services including façade access and fall arrest equipment services, lightning protection and electrical testing, specialist building access and fire solutions.






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.10317 — Macquarie/Warburg Pincus/PTSG
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.