M/12/016 – Cerberus / BancTec

Transaction details

The proposed acquisition of BancTec Inc, by Cerberus Capital Partners L.P. has been cleared by the Competition Authority.

Notification date Decision date
Monday August 20, 2012 Wednesday, September 19, 2012
Parties Involved Business activities
The Cerberus Group

The Cerberus Group is active in investments in real property and personal property of all kinds including, but not limited to, capital stock, depositary receipts, investment companies, mutual funds, subscriptions, warrants, bonds, notes, debentures, options and other securities of various kinds in diverse industries worldwide.

BancTec Inc

BancTec is a global provider of software and outsourcing solutions for high volume paper and electronic payment processing and document management.

Economic sector Media merger
IT / business support services industry No
Submissions from third parties due by:
Phase 1 Phase 2
Thursday, August 30, 2012
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Andrew Rae

Tel: 01-804 5420, email: ar@tca.ie

Media enquiries: MKC Communications: 01 7038600

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