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 cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:13 February 2026
- Publication date:13 February 2026
- Economic sector:Telecom & IT service activities - K
- Economic sub-sector:Programming & IT consulting - K.62
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.26.010 Merger AnnouncementPDF | 109 KBM.26.010 Merger Announcement PDF | 109 KB - Opens in new window
M.26.010 DeterminationPDF | 262 KBM.26.010 Determination PDF | 262 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
- Iseult O'Kelly iseultokelly@ccpc.ie
