Merger Notification - Announcement according to § 10 Cartel Act
Harvest Partners VIII, L.P.; Vista Foundation Fund IV, L.P.; Wildebeest Topco, LLC
On 17.12.2020 the following merger was notified at the Federal Competition Authority:
Planned purchase process
HP VIII and Vista Foundation Fund IV, two US-based investment funds, intend to jointly acquire, directly or indirectly, c. 88% of the outstanding equity interest in and joint control of Granicus, an US-based technology company providing cloud-based government transparency, legislative management and digital marketing solutions for goverment agencies from vista Foundation Fund III, K1 Buffalo Holdings, LLC and a number of additional sellers.
Business sector concerned: Computer programming, consultancy and related activities.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.01.2021.
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 15.01.2021 .