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: 23/04/2021

In electronic form on the EUR-Lex website under document number 32021M10214

EUROPEAN COMMISSION

Brussels, 23.4.2021 C(2021) 3013 final

PUBLIC VERSION

Clearlake Capital Group L.P. 233 Wilshire Blvd, Suite 800 CA 90401-1207 Santa Monica United States of America

TA Associates Management L.P. 56th Floor, 200 Clarendon Street MA 02116 Boston United States of America

Dear Sir or Madam,

1.On 26 March 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. (“Clearlake”, United States of America) and TA Associates Management, L.P. (“TA Associates”, United States of America) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Starfish Parent, L.P. active under the brand Precisely (“Precisely”, United States of America), controlled by Centerbridge Partners, L.P. (“Centerbridge”, United States of America) by way of purchase of shares.

The business activities of the undertakings concerned are:

 Clearlake: private equity investment firm, with portfolio companies active in software and technology-enabled services, energy and industrials, and consumer products/services,

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 118, 7.4.2021, p. 72.

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.

 TA Associates: private equity investment firm, with portfolio companies active in selected industries, including business services, consumer, financial services, healthcare and technologies,

 Precisely: provider of data integrity software, in particular data integration and data quality tools, and customer engagement solutions.

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.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

OJ C 366, 14.12.2013, p. 5.

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