Merger Notification - Announcement according to § 10 Cartel Act
EQT Fund Management S.á.r.l.; TP Monaco GmbH
BWB/Z-5109
On 20.11.2020 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
EQT IX, an investment fund of EQT AB (Stockholm / Sweden), intends to indirectly acquire more than 50% of the shares in and sole control over tp Monaco GmbH GmbH (Munich / Germany), which indirectly holds all the shares in thinkproject Deutschland GmbH (Munich / Germany). The proposed concentration concerns the provision of software solutions for the architecture, engineering, construction and operations industries.
Affected industry: Other information service activities (J 63.9)
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.12.2020.
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 19.12.2020 .