CELEX: 32021M10308
Language: en
Date: 2021-07-14 00:00:00
Title: Commission Decision of 14/07/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10308 - CASTIK / ABRY / RG) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels,14.7.2021
                                                                C(2021) 5364 final
                                                                                 PUBLIC VERSION
                                                                Castik Capital S.à.r.l.
                                                                Route d’Esch 1,
                                                                1470 Luxembourg
                                                                Luxembourg
                                                                Abry Partners II, LLC
                                                                888 Boylston St., Suite 1600
                                                                MA 02199 Boston
                                                                United States of America
Subject:        Case M.10308 – CASTIK / ABRY / RG
                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 21 June 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which Castik Capital
        S.à r.l. (“Castik”, Luxembourg) Abry Partners II LLC (“Abry”, USA) acquire within
        the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of
        RG Engagement Group Limited (“RG”, UK) by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for Castik: investment company focusing on identifying and developing
              investment opportunities across Europe,
             for Abry: private equity firm managing funds that in invest in a broad range of
              businesses focusing on media, communications and information services,
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 256, 30.6.2021, 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---        for RG: company active in the employee engagement sector, that designs,
        implements and manages solutions relating to employee benefit, internal
        communication, employee incentive rewards as well as an administration of
        governmental benefit schemes. RG offers its solutions through its software
        platform SmartHub.
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.
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