Apax Partners/Zellis
Transaction details
The proposed acquisition by Apax Partners LLP through its special purpose vehicle, Zorro Bidco Limited, of the entire issued share capital and thus sole control, of Zellis Topco Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:6 May 2024
- Publication date:6 May 2024
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Programming & IT consulting - K.62
- Simplified merger:Yes
- Outcome:Cleared
Documents
M/24/029 Merger AnnouncementPDF | 110 KBM/24/029 Merger Announcement PDF | 110 KB - Opens in new window
M/24/029 DeterminationPDF | 247 KBM/24/029 Determination PDF | 247 KB - Opens in new window
Timetable
Parties Involved
Apax Partners LLP
Apax Partners LLP is a UK limited liability partnership and the parent of a number of entities which provide investment advisory services to private equity funds investing in a range of industry sectors.
Zorro Bidco Limited
Zorro Bidco Limited is a special purpose vehicle incorporated specifically for the purposes of the Transaction.
Zellis Topco Limited
Zellis Topco Limited is the holding company of a group of software companies that provide payroll, HR, benefits management solutions and services and related IT services, in particular, business process outsourcing.
Contacts
Éadaoin Burns eadaoinburns@ccpc.ie
