CELEX: 32019M9471
Language: en
Date: 2019-09-04 00:00:00
Title: Commission Decision of 04/09/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9471 - Clearlake Capital Group, L.P. / TA Associates Management L.P., / DigiCert, Inc.) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 4.9.2019
                                                                C(2019) 6471 final
                                                                                 PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9471 – CLEARLAKE / TA / DIGICERT
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                                       1
                (EC) No 139/2004 and Article 57 of the Agreement on the European
                                    2
                Economic Area
Dear Sir or Madam,
1.      On 12 August 2019, the European 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’, United States) and TA
        Associates Management, L.P. (‘TA’, United States) acquire within the meaning of
        Article 3(1)(b) of the Merger Regulation joint control over the whole of the
        undertaking DigiCert Parent Inc (‘DigiCert’, United States) by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
             for Clearlake: private equity investment, with portfolio companies active in
              software and technology-enabled services, energy and industrials, and consumer
              products/services,
             for TA: private equity investment, with portfolio companies active in selected
              industries, including business services, consumer, financial services, healthcare
              and technologies,
             for DigiCert: enterprise security technology and/or software solutions with an
              emphasis on scalable high assurance digital certificates (including, in particular,
              TLS/SSL certificates) and Public Key Infrastructure solutions for identity and
              encryption.
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 287, 26.8.2019, p. 10.
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--- 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(c) of 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)
                                                  Cecilio MADERO VILLAREJO
                                                  Acting Director-General
4  OJ C 366, 14.12.2013, p. 5.
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