M/26/010 – Melior Equity Partners/Progress Systems
Transaction details
The proposed acquisition by Nexilo Limited, a wholly owned subsidiary of Melior Equity Partners II SCSP and an indirectly wholly owned subsidiary of Melior Equity Partners Limited, of sole control of Tippura Trading Company Limited has been notified to the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday February 13, 2026 | |
| Parties Involved | Business activities |
|---|---|
| Melior Equity Partners Limited | Melior Equity Partners Limited is a private equity investment firm that manages funds that invest in small to medium-sized private businesses across a variety of economic sectors in the State including renewable energy, hospitality, information technology and food products. |
| Nexilo Limited | Nexilo Limited has been incorporated for the purposes of the proposed transaction. |
| Tippura Trading Company Limited | Tippura Trading Company Limited is active in the State through Progress Systems Limited. Progress Systems Limited provides financial transaction management software to financial institutions in the State and the UK. |
| Economic sector | Media merger |
|---|---|
| Other Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, February 27, 2026 | |
| Current status: Active |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Iseult O'Kelly | iseultokelly@ccpc.ie |
Media enquiries: communications@ccpc.ie
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