Commission clears acquisition of Glenigan by TA Associates and the SSCP Funds
The European Commission has approved, under the EU Merger Regulation, the acquisition ofGlenigan Limited, of the UK (supplier of market data and intelligence software to the construction industry)
byTA 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.