In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u00absummary of the operation\u00bb below, containing the information provided by the parties.<\/p>\n
This information has been prepared by the notifying parties, who are solely responsible. Inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.<\/p>\n
The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented.<\/p>\n
Names of the companies and groups concerned:<\/strong><\/p>\n Nature of the operation <\/strong><\/p>\n Economic sectors concerned <\/strong><\/p>\n Deadline for interested third parties to submit their observations <\/strong><\/p>\n NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES<\/strong><\/p>\n The Competition Council received a notification of an economic concentration operation concerning the acquisition of exclusive control of the company \u00ab Actis Holdings S\u00e0rl \u00bb by the company \u00ab GAP Arthur Holdco, LP \u00bb through the acquisition of all (100%) of its shares and associated voting rights.<\/p>\n \u00ab GAP Arthur Holdco \u00bb is a limited partnership company affiliated with an investment fund group (\u00ab General Atlantic \u00bb) that provides capital to growing companies globally. The \u00ab General Atlantic \u00bb group is active in various countries in the consumer, financial services, health, technology, climate, and life sciences sectors. In Morocco, the \u00ab General Atlantic \u00bb group is invested in the online publishing, online board games, online sportswear, online insurance brokerage services, online travel booking, and digital products market sectors. The group’s headquarters are located in the United States.<\/p>\n \u00ab Actis Holding S\u00e0rl \u00bb is a limited liability company that manages an investment fund group with stakes in various portfolio companies. \u00ab Actis \u00bb is a sustainable infrastructure investor with portfolio companies in the energy infrastructure, long-life infrastructure, digital infrastructure, real estate, and private equity sectors. In Morocco, \u00ab Actis \u00bb subsidiaries are active in the private higher education and 4-star or higher hospitality sectors. Its headquarters are located in Luxembourg.<\/p>\n Done in Rabat on May 16, 2024<\/p>\n","protected":false},"excerpt":{"rendered":" In accordance with Article 13 of Law No. 104-12 on freedom of prices and competition and Article 10 of Decree No. 2-14-652 issued for its implementation, as amended and supplemented, the Competition Council makes available to the public the \u00absummary of the operation\u00bb below, containing the information provided by the parties. This information has been prepared by the notifying parties, who are solely responsible. Inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation. The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 issued for the implementation of Law No. 104-12 on freedom of prices and competition as amended and supplemented. Names of the companies and groups concerned: The acquirer: The company \u00ab GAP Arthur Holdco P.\u00bb affiliated with the \u00ab General Atlantic \u00bb Group ; The target: The company \u00ab Actis Holdings SARL \u00bb. Nature of the operation Acquisition of exclusive control Economic sectors concerned Higher education and hospitality sectors Deadline for interested third parties to submit their observations 10 days from the date of publication of this press release, i.e. May 27, 2024 NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES The Competition Council received a notification of an economic concentration operation concerning the acquisition of exclusive control of the company \u00ab Actis Holdings S\u00e0rl \u00bb by the company \u00ab GAP Arthur Holdco, LP \u00bb through the acquisition of all (100%) of its shares and associated voting rights. \u00ab GAP Arthur Holdco \u00bb is a limited partnership company affiliated with an investment fund group (\u00ab General Atlantic \u00bb) that provides capital to growing companies globally. The \u00ab General Atlantic \u00bb group is active in various countries in the consumer, financial services, health, technology, climate, and life sciences sectors. In Morocco, the \u00ab General Atlantic \u00bb group is invested in the online publishing, online board games, online sportswear, online insurance brokerage services, online travel booking, and digital products market sectors. The group’s headquarters are located in the United States. \u00ab Actis Holding S\u00e0rl \u00bb is a limited liability company that manages an investment fund group with stakes in various portfolio companies. \u00ab Actis \u00bb is a sustainable infrastructure investor with portfolio companies in the energy infrastructure, long-life infrastructure, digital infrastructure, real estate, and private equity sectors. In Morocco, \u00ab Actis \u00bb subsidiaries are active in the private higher education and 4-star or higher hospitality sectors. Its headquarters are located in Luxembourg. Done in Rabat on May 16, 2024<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[352],"tags":[],"class_list":["post-41166","post","type-post","status-publish","format-standard","hentry","category-press-releases"],"acf":[],"yoast_head":"\n\n
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