CELEX: 32021M10322
Language: en
Date: 2021-07-16 00:00:00
Title: Commission Decision of 16/07/2021 declaring a concentration to be compatible with the common market (Case No COMP/M.10322 - TPG / FRANCISCO PARTNERS / BOOMI) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                 Brussels, 16.7.2021
                                                                 C(2021) 5449 final
                                                                                PUBLIC VERSION
                                                                 TGP Partners VIII, L.P.
                                                                 301 Commerce Street, Suite 3300
                                                                 TX 76102- Fort Worth
                                                                 United States
                                                                 FRANCISCO PARTNERS
                                                                 MANAGEMENT, L.P.
                                                                 One Letterman Drive, Building C-
                                                                 Suite 410
                                                                 San Francisco CA 94129
                                                                 United States
Subject:        Case M.10322 - TPG / FRANCISCO PARTNERS / BOOMI
                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 22 June 2021, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which TPG Partners
        VIII LP (“TPG”, USA) and Francisco Partners Management LLC (“Francisco
        Partners”, USA), acquire within the meaning of Articles 3(1)(b) and 3(4) of the
        Merger Regulation joint control over the whole of Boomi, Inc. (“Boomi” USA) by
        way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             for TPG: private investment firm that manages a family of funds that invest in a
              variety of companies through acquisitions and corporate restructurings,
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 C257,01.07.2021, p.2.
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 Francisco Partners: private investment firm specialized in partnering with
        technology businesses, and
       for Boomi: provision of Integration Platform as a Service (“iPaaS”), a suite of
        cloud services enabling development, execution and governance of integration
        flows connecting any combination of on-premises and cloud-based processes,
        services, applications, and data within individual or across multiple organizations.
        Boomi also provides Full Life Cycle API Management services, which enable
        organizations to plan, design, implement, test, publish, operate, consume,
        maintain, version, and retire Application Programming Interfaces (“APIs”).
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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