CELEX: 32021M10085
Language: en
Date: 2021-01-29 00:00:00
Title: Commission Decision of 29/01/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10085 - CLEARLAKE CAPITAL GROUP / SIRIS CAPITAL GROUP / ENDURANCE / WEB.COM) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 29.1.2021
                                                                C(2021) 585 final
                                                                                 PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.10085 - CLEARLAKE CAPITAL GROUP / SIRIS CAPITAL
                GROUP / ENDURANCE / WEB.COM
                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 6 January 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Clearlake
        Capital Group, L.P. (“Clearlake”, USA), and Siris Capital Group, LLC (“Siris”,
        USA), acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger
        Regulation joint control over the whole of Web.com Group Inc. (“Web.com”, USA), a
        portfolio company of Siris, and Endurance International Group Holdings, Inc.
        (“Endurance”, USA), a portfolio company of Clearlake, by way of purchase of
        shares.3
2.      The business activities of the undertakings concerned are:
             for Clearlake: a private investment firm, with a portfolio of companies active in
              software and technology-enabled services, energy and industrials, and food and
              consumer products,
             for Siris: a private investment firm, with a portfolio of companies in the data,
              technology, technology-enabled business services and telecommunication sectors,
             for Endurance: a NASDAQ listed company assisting small and medium sized
              businesses with their online web presence, email marketing and other online
              business solutions,
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 15, 14.01.2021, p. 6.
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 Web.com: a company providing domain name registration and web
        development 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(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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