Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 4 of Short 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 4

Description of the concentration

On 27 November 2024, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (the “EU Merger Regulation”) whereby funds managed or advised by H.I.G. Capital and funds managed or advised by Thoma Bravo propose to acquire joint control of the Target Business within the meaning of Article 3(1)(b) of the EU Merger Regulation, by way of a purchase of most of the assets and 100% of the equity interests of certain subsidiaries comprising the certification business and the business of providing educational content and training of CompTIA (“Target Business” and the “Proposed Transaction”).

H.I.G. Capital.

H.I.G. Capital is a leading global private equity and alternative assets investment firm based in Miami, USA, with offices in the USA, Europe, Asia and South America. H.I.G. Capital is incorporated in the State of Delaware, USA. H.I.G. Capital specialises in providing both debt and equity capital to small and mid-sized companies. For more information on H.I.G. Capital, please see https://hig.com/.

Thoma Bravo.

Thoma Bravo is a private equity firm focused on the software and technology-enabled services sectors. With a series of funds, Thoma Bravo’s management team implements operating best practices, invests in growth initiatives and makes accretive acquisitions intended to accelerate revenue and earnings, with the goal of increasing the value of the business. Thoma Bravo is incorporated in the State of Delaware, USA. For further information, please see: https://www.thomabravo.com/.

CompTIA.

CompTIA is a vendor-neutral, independent source of information on a wide range of technology topics, including cybersecurity; education, training, and certification of the global tech workforce; new and emerging technologies; legislation and policies affecting the industry and workforce data, development and trends. For more information on CompTIA, please see https://www.comptia.org/home.

Post-Transaction, the Target Business will be controlled jointly by each of H.I.G. Capital and Thoma Bravo.

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