M/22/013 – Carlyle/NVP/Yipit/JV
Transaction details
The proposed acquisition by The Carlyle Group, Inc., indirectly through CP Yield Holdings, L.P, of joint control of Yipit Holdings, Inc., with Norwest Venture Partners XIV, LP, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday March 2, 2022 | Wednesday, March 16, 2022 |
| Parties Involved | Business activities |
|---|---|
| The Carlyle Group, Inc. | The Carlyle Group, Inc. is a global alternative asset manager, which manages funds that invest globally across three investment disciplines: (i) Global Private Equity (including corporate private equity, real estate and natural resources funds); (ii) Global Credit (including liquid credit, illiquid credit and real assets credit); and (iii) Investment Solutions (private equity fund of funds program, which include primary fund, secondary and related co-investment activities). |
| Yipit Holdings, Inc. | Yipit, trading as YipitData, is an American alternative data aggregator and insights provider, primarily used by hedge funds, mutual funds and asset management firms. “Alternative data” refers to data used by investors to evaluate a company or investment that is not within their traditional data sources (financial statements, SEC filings, management presentations, press releases, etc.). |
| Economic sector | Media merger |
|---|---|
| Professional Services | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, March 15, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Lewis O Shea | lewisoshea@ccpc.ie |
Media enquiries: communications@ccpc.ie
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