Bain Capital/NorthgateArinso and others
Transaction details
The proposed acquisition by Bain Capital Investors, LLC, of three indirect subsidiaries of Northgate Information Solutions Limited, namely NorthgateArinso UK Limited, Moorepay Group Limited and Pro-IV Technology LLC, has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:6 December 2017
- Publication date:6 December 2017
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Programming & IT consulting - K.62
- Outcome:Cleared
Documents
M.17.066 Merger AnnouncementPDF | 242 KBM.17.066 Merger Announcement PDF | 242 KB - Opens in new window
M.17.066 DeterminationPDF | 239 KBM.17.066 Determination PDF | 239 KB - Opens in new window
Timetable
Parties Involved
Bain Capital Investors LLC
Bain Capial Investors LLC's primary business activities are providing investment advice and investment fund management. Bian Capital Investors LLC is the ultimate general partner of a number of private equity funds which invest in companies with activities in industries, including consumer retail and dining, financial and business services, healthcare, industrial and energy, and technology media and telecommunications.
NorthgateArinso UK Limited, Moorepay Group Limited and Pro-IV Technology LLC
NorthgateArinso UK Limited, Moorepay Group Limited and Pro-IV Technology LLC ("the Target Companies") are indirect subsidiaries of Northgate Information Solutions Limited. Northgate Information Solutions limited is a payroll and human resources software and services provider. The Target Companies together comprise Northgate Information Solutions Limited's "Middle Market" and "Small and Medium Business" businesses in the UK and Ireland.
Contacts
