Merger Notification - Announcement according to § 10 Cartel Act

Rocket Software, Inc.; ASG Everglades Holdings, Inc. - BWB/Z-5370 | Bundeswettbewerbsbehörde

Rocket Software, Inc.; ASG Everglades Holdings, Inc.



On 16.04.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

By way of a merger, Rocket Software, Inc. (USA), which is controlled by funds managed by Bain Capital Investors, LLC (USA), intends to acquire 100% of the shares and sole control over ASG Everglades Holdings, Inc. (USA), including all of its subsidiaries. 

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 14.05.2021.

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 15.05.2021 .

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