Document ID: docfile:e4510cb6-1281-49c5-a574-826a2e78b4c3
Source Database: euc_mergers
Source URL: https://ec.europa.eu/competition/mergers/cases1/202436/M_11668_10220551_67_3.pdf
Title: PSG EQUITY / RIVEAN CAPITAL / CORILUS
Date: 2024-09-25T00:00:00.000+02:00
Metadata: {"caseNumber": "M.11668", "caseInstrument": "M", "caseTitle": "PSG EQUITY / RIVEAN CAPITAL / CORILUS", "caseLastDecisionDate": "2024-09-24T22:00:00.000Z", "caseCompanies": ["PSG EQUITY / RIVEAN CAPITAL / CORILUS"]}

# Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 4 of Short Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

# M.11668 - PSG EQUITY / RIVEAN CAPITAL / CORILUS

# SECTION 4

# **Description of the concentration**

This notification relates to the acquisition of indirect joint control (within the meaning of Article 3(2) of the EUMR) by PSG Ultimate GP Managing Member L.L.C. (“PSG Equity”) and Rivean Capital Management Holding B.V. (“Rivean Capital”) of RoCa Invest I B.V. (“RoCa Invest I”) (a company incorporated under the laws of Belgium).

RoCa Invest I is currently solely controlled by Rivean Capital and commercializes, via its Belgian subsidiary Corilus NV (“Corilus”) (incorporated in Belgium), healthcare software that enables healthcare providers, such as general practitioners, specialists, pharmacists, dentists, nurses, physiotherapists, and residential care centers to connect with their patients.

PSG Equity Group is ultimately controlled by Mark Hastings (USA) and is a growth equity firm that partners with software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams. Having backed over 140 companies and facilitated over 500 add-on acquisitions, PSG Equity brings extensive investment experience, deep expertise in software and technology, and a firm commitment to collaborating with management teams. Founded in 2014, PSG Equity Group operates out of offices in Boston, Kansas City, London, Madrid, Paris, and Tel-Aviv. For more information, please visit www.psgequity.com.

Rivean Capital is a European-based mid-market private equity company. It identifies businesses with potential for accelerated development, strategically delivering international M&A, organic growth initiatives, and structural enhancements. Rivean Capital offers deep experience across all major industry sectors and has local offices in Belgium, Germany, Italy, the Netherlands and Switzerland. For more information, please visit https://riveancapital.com/.

[^]: Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111