Merger Notification - Announcement according to § 10 Cartel Act
TA Associates Management, LP.; IDS Group Intermediate Holdings, Inc.; Thoma Bravo, L.P.
BWB/Z-6739
On 09.10.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
TA Associates Management, L.P., USA, intends to indirectly acquire a majority stake in and sole control over IDS Group Intermediate Holdings, Inc., USA.
Economic Sector: Other software publishing
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 06.11.2024.
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 07.11.2024 .