CELEX: 32019M9375
Language: en
Date: 2019-05-23 00:00:00
Title: Commission Decision of 23/05/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9375 - Clearlake Capital Group, L.P., / Insight Venture Management LLC / Appriss Holdings) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 23.05.2019
                                                                C(2019) 4017 final
                                                                                      PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9375 – CLEARLAKE / INSIGHT / APPRISS
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 29 April 2019, the Commission received notification of a proposed concentration
        pursuant to Article 4 of the Merger Regulation by which the undertakings Clearlake
        Capital Group, L.P. (“Clearlake”) (USA) and Insight Venture Management LLC
        (“Insight”) (USA), acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger
        Regulation joint control of the whole of Appriss Holdings, Inc. (“Appriss”) (USA),
        controlled by Alert Holdings Company, Inc. (“Alert”) (USA). The concentration is
        accomplished by way of purchase of shares3.
2.      The business activities of the undertakings concerned are:
        -    for Clearlake: a private investment firm whose core target sectors are software and
             technology-enabled services, industrials and energy, and consumer,
        -    for Insight: a leading global venture capital and private equity firm investing in high-
             growth technology and software companies,
        -    for Appriss, controlled by Alert (a holding company): a provider of technology and
             data analytics solutions to governments and companies in three different sectors:
             safety, health and retail.
3.      After examination of the notification, the European Commission has concluded that the
        notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of
1       OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the
        Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of
        'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be used
        throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
3       Publication in the Official Journal of the European Union No C 157, 08.05.2019, p 15.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak---    the Commission Notice on a simplified procedure for treatment of certain concentrations
   under Council Regulation (EC) No 139/2004.4
4. For the reasons set out in the Notice on a simplified procedure, the European Commission
   has decided not to oppose the notified operation and to declare it compatible with the
   internal market and with the EEA Agreement. This decision is adopted in application of
   Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.
                                                   For the Commission
                                                   (Signed)
                                                   Johannes LAITENBERGER
                                                   Director-General
4  OJ C 366, 14.12.2013, p. 5.
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