Disclaimer :

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.

SECTION 1.2

Description of the concentration

The notification concerns the acquisition of joint control by TPG Slowhand, LP (“TPG”) and Servco Pacific Inc. (“Servco”) over Fender Musical Instruments Corporation (“Fender”).

TPG, a Delaware limited partnership, is part of the TPG group, a leading global private investment firm that manages a family of funds that invest in a variety of companies through acquisitions and corporate restructurings.

Servco is a company active in automotive retailing and parts service, home products retailing and commercial insurance brokerage.

Fender is active worldwide with a product portfolio that primarily includes fretted instruments (comprised of electric, acoustic and bass guitars, banjos, ukuleles, mandolins and resonator guitars), guitar amplifiers, percussion instruments and accessories.