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Valentina R., lawyer
The Competition DG makes the information provided by the notifying parties in section 1.2 of 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.
The notified concentration concerns the proposed acquisition of joint control by funds respectively advised by TA Associates Management L.P. (“TA Associates”) and Vista Equity Partners Management, LLC (“Vista”) of iCIMS Holdings LLC (“iCIMS”) (the “Proposed Transaction”). iCIMS is the “Target”, and each of TA Associates, Vista, and the Target, is a “Party”, together the “Parties”. iCIMS is currently solely controlled by Vista.
The concentration will be accomplished by way of purchase of shares, as funds advised by TA Associates will acquire approx. 43% of the shares of the Target.
TA Associates is a private equity firm based in Boston, Massachusetts, USA and active in North America, Europe and Asia. TA Associates has portfolio companies active in selected industries, including business services, consumer, financial services, healthcare and technologies.
Vista is a United States based investment firm focused on empowering and growing enterprise software, data and technology-enabled businesses.
iCIMS, based in New Jersey, United States, is a provider of human resources software to help with staff recruitment and onboarding.
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.