Prior notification of a concentration (Case M.11627 – OAKLEY CAPITAL / EURAZEO / I-TRACING) – Candidate case for simplified procedure
Date: 2024-07-31
Institutions: Directorate-General for Competition, European Commission
Subjects: consultancy, economic concentration, information security, information technology, investment company, merger control, provision of services, software








C_202404803EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/4803


31.7.2024






Prior notification of a concentration
(Case M.11627 – OAKLEY CAPITAL / EURAZEO / I-TRACING)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/4803)


1.   
On 23 July 2024, 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:






—


Oakley Sotogrande Luxco S.à r.l. (‘Oakley Capital’, Luxembourg), controlled by Oakley Capital Limited (United Kingdom),










—


Eurazeo Global Investor SAS (‘Eurazeo’, France), controlled by Eurazeo SE (France),










—


I-TRACING SAS (‘I-TRACING’, France), currenty solely controlled by Eurazeo.




Oakley Capital and Eurazeo will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of I-TRACING.
The concentration is accomplished by way of purchase of shares.


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






—


Oakley Capital is an investment company that specialises in investing in businesses across the sectors of technology, consumer, business services and education,










—


Eurazeo is an investment company active in private equity, private debt and real assets,










—


I-TRACING is a cybersecurity solutions company specialising in the provision of cybersecurity consulting services, cybersecurity integration services and cybersecurity managed services.






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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (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.11627 – OAKLEY CAPITAL / EURAZEO / I-TRACING
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu

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 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2024/4803/oj
ISSN 1977-091X (electronic edition)