CELEX: 32020M9905
Language: en
Date: 2020-09-22 00:00:00
Title: Commission Decision of 22/09/2020 declaring a concentration to be compatible with the common market (Case No COMP/M.9905 - BRIDGEPOINT / EQT CREDIT PLATFORM) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 22.09.2020
                                                                C(2020) 6605 final
                                                                                PUBLIC VERSION
                                                                To the notifying party
Subject:        Case M.9905 - BRIDGEPOINT / EQT CREDIT PLATFORM
                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 26 August 2020, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Bridgepoint
        Advisers Holdings (“Bridgepoint”, United Kingdom), controlled by Bridgepoint
        Group Limited (United Kingdom), acquires within the meaning of Article 3(1)(b) of
        the Merger Regulation sole control of the whole of EQT Credit Platform (“EQT
        Credit Platform”, Sweden), controlled by EQT AB (Sweden). The concentration is
        accomplished by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
        −     for Bridgepoint: a holding company within Bridgepoint group, which is a private
              equity group mainly active in upper middle market private equity investment,
              lower middle market private equity investment and growth capital,
        −     for EQT Credit Platform: a pan-European private credit platform operating
              through three main strategies: senior debt, direct lending and special situations
              lending.
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 291, 02.09.2020, p. 8.
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)
                                                  Olivier GUERSENT
                                                  Director-General
4  OJ C 366, 14.12.2013, p. 5.
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