CELEX: 32019M9509
Language: en
Date: 2019-11-11 00:00:00
Title: Commission Decision of 11/11/2019 declaring a concentration to be compatible with the common market (Case No COMP/M.9509 - WARBURG PINCUS / CDPQ / ALLIED UNIVERSAL) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 11.11.2019
                                                                C(2019) 8134 final
                                                                                 PUBLIC VERSION
                                                                To the notifying parties
Subject:        Case M.9509 - WARBURG PINCUS / CDPQ / ALLIED UNIVERSAL
                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 15 October 2019, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the
        undertakings Warburg Pincus LLC (‘Warburg Pincus’, United States) and Caisse de
        dépôt et placement du Québec (‘CDPQ’, Canada), acquire within the meaning of
        Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of Allied
        Universal Topco LLC (‘Allied Universal’, United States). The concentration is
        accomplished by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for Warburg Pincus: global private equity firm active in a variety of sectors;
             for CDPQ: long-term institutional investor managing funds essentially for public
              and parapublic pension and insurance plans;
             for Allied Universal: security services and facilities management company
              providing integrated security solutions, cleaning and maintenance services, risk
              advisory and consulting services as well as temporary and permanent staffing
              solutions, predominantly in the United States and to a lesser extent in other
              countries, including in the United Kingdom.
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
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 358, 22.10.2019, p. 12.
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---    paragraphs 5(a) and 5(b) 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)
                                                  Cecilio MADERO VILLAREJO
                                                  Acting Director-General
4  OJ C 366, 14.12.2013, p. 5.
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