M/24/054 – MML Capital/Southern Control Systems
Transaction details
The proposed acquisition whereby MML Growth Capital Partners Ireland Limited, via its indirect subsidiary Imperium Bidco Limited, will acquire of sole control of Southern Control Systems Limited, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday September 6, 2024 | Wednesday, September 25, 2024 |
| Parties Involved | Business activities |
|---|---|
| Imperium Bidco Limited | Imperium Bidco Limited is a newly incorporated company and acquisition vehicle indirectly owned by MML Growth Capital Partners Ireland Fund II LP, a fund managed by MML Growth Capital Partners Ireland Limited. |
| MML Growth Capital Partners Ireland Limited | MML Growth Capital Partners Ireland Limited is a private equity investment firm that invests in businesses across various sectors including healthcare, manufacturing, education services and business services. |
| Southern Control Systems Limited | Southern Control Systems Limited is a provider of building energy management systems, a computer-based control system installed in buildings that controls and monitors a building’s mechanical and electrical equipment such as air handling and cooling plant systems, lighting, power systems, fire systems and security systems. |
| Economic sector | Media merger |
|---|---|
| Energy & Utilities | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, September 19, 2024 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Andreena Corrigan | andreenacorrigan@ccpc.ie |
Media enquiries: communications@ccpc.ie
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