CELEX: 32022M10630
Language: en
Date: 2022-04-08 00:00:00
Title: Commission Decision of 08/04/2022 declaring a concentration to be compatible with the common market (Case No COMP/M.10630 - BLACKSTONE / VISTA / CAMPUSLOGIC HOLDINGS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 8.4.2022
                                                                 C(2022) 2420 final
                                                                                PUBLIC VERSION
                                                                 Blackstone, Inc.
                                                                 345 Park Avenue
                                                                 New York, NY 10154
                                                                 United States of America
                                                                 Vista Equity Partners Management,
                                                                 LLC
                                                                 4 Embarcadero Center, 20th Floor
                                                                 San Francisco, CA 94111
                                                                 United States of America
Subject:        Case M.10630 – Blackstone / Vista / CampusLogic Holdings
                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
                Economic Area2
Dear Sir or Madam,
1.      On 17 March 2022, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Blackstone,
        Inc. (“Blackstone”, USA), and Vista Equity Partners Management, LLC (“Vista”,
        USA), will acquire within the meaning of Article 3(1)(b) of the Merger Regulation
        joint control over the whole of CampusLogic Holdings, Inc. (“CampusLogic”, USA),
        by way of purchase of shares.3
2.      The business activities of the undertakings concerned and the newly set-up joint
        venture are the following:
             for Blackstone: global asset management and investment firm,
             for or Vista: investment firm that manages a portfolio of companies focused on
              enterprise software, data and technology-enabled businesses,
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 142, 30.03.2022, p.20.
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 CampusLogic: provider of student financial success software solutions for
        higher education students to navigate the financial aid lifecycle with an
        institution.
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) and (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.
                                              2