Merger Notification - Announcement according to § 10 Cartel Act
Vista Equity Partners Management, LLC; ClassPass Inc.
BWB/Z-5354
On 07.04.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Vista Equity Partners Management, LLC. (USA) intends to indirectly acquire all of the shares in and thereby sole control over ClassPass Inc. (USA).
The concentration concerns the provision of fitness and wellness services.
Industry sector: S - Erbringung von sonstigen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 05.05.2021.
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 06.05.2021 .