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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 by funds advised by BC Partners LLP (“BC Partners”) and funds managed by Vista Equity Partners Management, LLC (“Vista Equity Partners”) of joint control of Advanced Computer Software Group Ltd. (the “Target”) within the meaning of within the meaning of Article 3(1)(b) of the EU Merger Regulation.
The Target is currently under the sole control of funds managed by Vista Equity Partners. Following completion of the proposed transaction, the Target will be jointly controlled by BC Partners and Vista Equity Partners.
BC Partners is an international private equity firm with headquarters in London whose sole activity is to provide advisory services. Funds advised by BC Partners are pure financial investors.
Vista Equity Partners is a US-based investment firm that is focused on investments in software, data and technology-enabled businesses with long-term perspective.
The Target is a solely controlled portfolio company of Vista Equity Partners. It provides software, including modernisation solutions, cloud and managed IT services to public and private sector clients.
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.