Commission clears acquisition of Glenigan by TA Associates and the SSCP Funds

The European Commission has approved, under the EU Merger Regulation, the acquisition of 

Glenigan Limited, of the UK (supplier of market data and intelligence software to the construction industry) 

by 

TA Associates, L.P.  of the US (private equity fund) and  Stirling Square Capital Partners Jersey AIFM Limited of the UK (also a private equity fund).

 

The Commission concluded that the proposed acquisition would raise no competition concerns, given the lack of overlaps between the companies' activities. 

The case number is M.10128.  

Read the Commission’s press release here.