Commission clears acquisition of joint control over DOCU Nordic Group by SSCP Fourth Fund and TA Associates
The European Commission has approved under the Merger Regulation, the acquisition of joint control over the DOCU Nordic Group (of Sweden) by:Stirling Square Capital Partners Fourth Fund of Jersey (investment fund active in Europe). TA Associates, L.P. of the US (private equity firm focused on targeted sectors within the industries of technology, healthcare, financial service, consumer and business services).
The DOCU Nordic Group provides market data and market intelligence services to companies in the Nordic construction industry as well as the Nordic property and healthcare sectors.
The Commission concluded that the proposed acquisition would raise no competition concerns, because there are no overlaps between the act