European Commission
Commission clears acquisition of AffiniPay by Genstar and TA Associates
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of AffiniPay LLC (“AffiniPay”), by Genstar Capital Partners LLC (“Genstar”) and TA Associates Management LP (“TA Associates”), all of the US.
AffiniPay is a provider of payments solutions software and legal practice management software.
The Commission concluded that the notified transaction would not raise competition concerns, given that AffiniPay has only negligible activities in the European Economic Area. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission's competition website, in the public case register under the case number M.11640.
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