M/22/046 – Granicus / Rock Solid Technology
Transaction details
The proposed acquisition by Granicus, Inc., which is jointly controlled by Harvest Partners VIII, L.P. and Vista Foundation Fund IV, L.P. of joint control of Rock Solid Technology, Inc. has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday September 6, 2022 | Tuesday, September 27, 2022 |
| Parties Involved | Business activities |
|---|---|
| Granicus, Inc. | Granicus, Inc. is a US-based technology company that is jointly controlled by Harvest Partners VIII, L.P. (“HP VIII”) and Vista Foundation Fund IV, L.P. Granicus, Inc. provides cloud-based government transparency, legislative management and digital marketing solutions for government agencies. |
| Harvest Partners VIII, L.P. | Harvest Partners VIII, L.P. is an investment fund indirectly controlled by HP Holding, LLC. HP Holding LLC (together with its affiliates), controls a private equity firm with a nearly 40-year history of investing in middle-market companies. |
| Vista Foundation Fund IV, L.P. | Vista Foundation Fund IV, L.P. is an investment fund managed and controlled by Vista Equity Partners Management, LLC. Vista Equity Partners Management, LLC is a US-based investment firm focused on empowering and growing enterprise software, data and technology-enabled businesses. Vista controls a number of portfolio companies that are active in the provision of IT services such as the provision of business software. |
| Rock Solid Technology, Inc. | Rock Solid Technology, Inc. is a software engineering company based in San Juan, Puerto Rico and Austin, Texas. Rock Solid Technology, Inc. focuses on software development for the public sector. Rock Solid Technology, Inc. does not supply any goods or services in the State. |
| Economic sector | Media merger |
|---|---|
| Information and Communications | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, September 21, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Tommy Burke | Tel: (+353)1 402 5503 E-mail: tommyburke@ccpc.ie |
| David Sheahan | davidsheahan@ccpc.ie |
Media enquiries: communications@ccpc.ie
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Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555