CELEX: 32021M10482
Language: en
Date: 2021-10-28 00:00:00
Title: Commission Decision of 28/10/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10482 - CVC / CARLYLE / CFGI EAGLE PARENT) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 28.10.2021
                                                                 C(2021) 7926 final
                                                                                 PUBLIC VERSION
                                                                 CVC Capital Partners SICAV-FIS S.A.
                                                                 20 Avenue Monterey
                                                                 L-2163 Luxembourg
                                                                 Luxembourg
                                                                 The Carlyle Group, Inc
                                                                 1001 Pennsylvania Avenue, NW
                                                                 Washington, DC 20004-2505
                                                                 United States of America
Subject:        Case M.10482 - CVC / CARLYLE / CFGI
                Commission decision pursuant to Article 6(1)(b) of Council Regulation
                (EC) No 139/20041 and Article 57 of the Agreement on the European
                Economic Area2
Dear Sir or Madam,
1.      On 27 September 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which CVC Capital
        Partners SICAV-FIS S.A. (”CVC”, Luxembourg) and the Carlyle Group, Inc.
        (“Carlyle”, USA) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger
        Regulation joint control of CFGI Eagle Parent, LLC (“CFGI”, USA), currently
        controlled by Carlyle, by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for CVC: manager of investment funds and platforms holding interests in a
              number of companies in various industries primarily in Europe, the USA and the
              Asia-Pacific region,
             for Carlyle: global alternative asset manager,
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 413, 12.10.2021, 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---        for CFGI: financial consulting firm active in the USA focused on offering
        technical accounting and finance advisory services.
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 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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