Prior notification of a concentration (Case M.10322 – TPG/Francisco Partners/Boomi) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 257/02
Date: 2021-07-01
Institutions: Directorate-General for Competition, European Commission
Subjects: cloud computing, economic concentration, investment company, merger control, provision of services








C_2021257EN.01000201.xml










1.7.2021   


EN


Official Journal of the European Union


C 257/2






Prior notification of a concentration
(Case M.10322 – TPG/Francisco Partners/Boomi)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 257/02)

1.   
On 22 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:






—


TPG Partners VIII LP (‘TPG’, USA),










—


Francisco Partners Management LLC (‘Francisco Partners’, USA),










—


Boomi, Inc. (‘Boomi’ USA).




TPG and Francisco Partners acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Boomi.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for TPG: private investment firm that manages a family of funds that invest in a variety of companies through acquisitions and corporate restructurings,










—


for Francisco Partners: private investment firm specialized in partnering with technology businesses, and










—


for Boomi: provision of Integration Platform as a Service (‘iPaaS’), a suite of cloud services enabling development, execution and governance of integration flows connecting any combination of on-premises and cloud-based processes, services, applications, and data within individual or across multiple organizations. Boomi also provides Full Life Cycle API Management services, which enable organizations to plan, design, implement, test, publish, operate, consume, maintain, version, and retire Application Programming Interfaces (‘APIs’). Boomi is currently owned by Dell Technologies Inc.






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.10322 – TPG/Francisco Partners/Boomi
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.