Merger Notification - Announcement according to § 10 Cartel Act

TA Associates Management, L.P.; Nexus AG - BWB/Z-6816 | Bundeswettbewerbsbehörde

TA Associates Management, L.P.; Nexus AG

BWB/Z-6816

02.01.2025

On 02.01.2025 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

TA Associates Management, L.P., intends to acquire more than 50% of the shares in and sole control of Nexus AG. The concentration concerns the development and distribution of software solutions for the healthcare sector.

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.01.2025.

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 31.01.2025 .

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