EUROPEAN COMMISSION DG Competition

Only the English text is available and authentic.

REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 06/05/2021

In electronic form on the EUR-Lex website under document number 32021M10233

EUROPEAN COMMISSION

Brussels, 06.05.2021 C(2021) 3369 final

Charlesbank Capital Partners, LLC th 200 Clarendon Street , 54Floor Boston - MA 02116 –Massachusetts USA

TA Associates Management, L.P th 200 Clarendon Street , 56Floor Boston -MA 02116 Massachusetts USA

Clearlake Capital Group, L.P. 233 Wilshire Blvd, Suite 800- CA 90401-1207- Santa Monica USA

Dear Sir or Madam,

1.On 14 April 2021, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation by which Clearlake Capital Group L.P. (United States), TA Associates Management, L.P. (United States) and Charlesbank Capital Partners, LLP (United States) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over the whole of Ivanti Software, Inc. (United States) currently controlled by Clearlake and TA Associates, by way of purchase of shares.

1OJ 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.

2OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).

3Publication in the Official Journal of the European Union No C 149, 27.04.21, p.8.

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.

2.The business activities of the undertakings concerned are:

- for Clearlake: a private investment firm with portfolio companies active in software and technology-enabled services, energy and industrials, and consumer;

- for TA Associates: a private equity firm with portfolio companies active in selected industries, including business services, consumer, financial services, healthcare and technologies;

- for Charlesbank: a private equity firm with portfolio companies active in business services, consumer, healthcare, industrial and technology and technology infrastructure;

- for Ivanti: Ivanti offers a software platform for companies’ internal IT departments, which provides user management and industrial mobility software and solutions. Ivanti’s offering allows an organisation’s internal IT department to track and log IT issues, and track completion/resolution of the issues.

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(b) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

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

4OJ C 366, 14.12.2013, p. 5.

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