Merger Notification - Announcement according to § 10 Cartel Act

Bregal Sagemount Group; Conductor Founders Inc. - BWB/Z-5762 | Bundeswettbewerbsbehörde

Bregal Sagemount Group; Conductor Founders Inc.



On 15.11.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Bregal Sagemount III L.P., Bregal Sagemount III-A L.P. and Bregal Sagemount III-B L.P., USA intend to acquire approximately 30 % of the outstanding shares in conductor Founders Inc., USA.

Economic Sector: Business and other management consultancy activities

Industry sector: M - Erbringung von freiberuflichen, wissenschaftlichen und technischen Dienstleistungen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.12.2021.

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 14.12.2021 .

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