Merger Notification - Announcement according to § 10 Cartel Act

Vista Equity Partners Management; Pipedrive, Inc - BWB/Z-5097 | Bundeswettbewerbsbehörde

Vista Equity Partners Management; Pipedrive, Inc



On 13.11.2020 the following merger was notified at the Federal Competition Authority:

Planned purchase process

Funds managed by Vista Equity Management, LLC (United States) intend to acquire sole control of Pipedrive, Inc. (United States).

The concentration concerns the software sector.

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.12.2020.

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 12.12.2020 .

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