Merger Notification - Announcement according to § 10 Cartel Act
Platinum Falcon; Qlik Parent Inc.
BWB/Z-6814
On 27.12.2024 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
This notification concerns the proposed acquisition by Platinum Falcon B 2018 RSC Limited, an indirectly wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), of a non-controlling majority stake in a newly established acquisition vehicle Project Second Co-Invest Fund, L.P. set up by the seller, i.e the investment firm Thoma Bravo, for the purpose of the proposed transaction. Project Second Co-Invest Fund, L.P. shall acquire a non-controlling shareholding of approximately 35% in the US software company Qlik Parent Inc. Qlik Parent Inc is currently majority owned and solely controlled by funds affiliated with Thoma Bravo and this will not change following completion of the proposed transaction.
J - PUBLISHING, BROADCASTING, AND CONTENT PRODUCTION AND DISTRIBUTION ACTIVITIES
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.02.2025.
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 08.02.2025 .