Prior notification of a concentration (Case M.10878 – CVC / LGP / GREEN VERACITY ACQUISITION HOLDINGS) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 363/10
Date: 2022-09-22
Institutions: Directorate-General for Competition, European Commission
Subjects: Canada, United States, economic concentration, holding company, investment company, legal profession, merger control, provision of services








C_2022363EN.01001501.xml










22.9.2022   


EN


Official Journal of the European Union


C 363/15






Prior notification of a concentration
(Case M.10878 – CVC / LGP / GREEN VERACITY ACQUISITION HOLDINGS)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 363/10)

1.   
On 15 September 2022, 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:






—


CVC Capital Partners SICAV-FIS S.A. (‘CVC’, Luxembourg),










—


Leonard Green & Partners, L.P. (‘LGP’, United States),










—


Green Veracity Acquisition Holdings, Inc. (‘Target’, United States), controlled by LGP.




CVC and LGP will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the Target.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are the following:






—


CVC and/or its subsidiaries manages investment funds and platforms which hold interests in a number of companies in various industries primarily in Europe, the United States and the Asia-Pacific region,










—


LGP primarily focuses on investing in companies providing services, including consumer, business, and healthcare services, as well as retail, distribution and industrial,










—


The Target is the parent holding company of Veritext, LLC which provides pre-trial deposition services and litigation support services in the United States and Canada.






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 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.10878 – CVC / LGP / GREEN VERACITY ACQUISITION HOLDINGS
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.