Merger Notification - Announcement according to § 10 Cartel Act

AlpInvest Partners B.V.; The Goldman Sachs Group, Inc.; Leonard Green & Partners, L.P; Troon Golf, LLC - BWB/Z-6422 | Bundeswettbewerbsbehörde

AlpInvest Partners B.V.; The Goldman Sachs Group, Inc.; Leonard Green & Partners, L.P; Troon Golf, LLC

BWB/Z-6422

09.11.2023

On 08.11.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Investment funds or accounts managed or advised by AlpInvest Partners B.V. (Netherlands) intend to indirectly acquire an interest of more than 25 %, while The Goldman Sachs Group, Inc. (USA) intends to indirectly acquire an interest of at least 25 % in Green Equity Investors CF III-C, L.P. and Green Equity Investors Side CF III-C, L.P. (together the "Continuation Funds"), a fund managed and controlled by affiliates of Leonard Green & Partners, L.P. 
Economic Sector: Fitness facilities,  Other sports activities. 

Industry sector: R - Kunst, Unterhaltung und Erholung

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 06.12.2023.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

Non-prohibition of the merger

The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 07.12.2023 .

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