M/13/027 – Carlyle / Beats
Transaction details
The proposed acquisition of negative sole control of Beats Electronics, LLCﾠby CP V Riverdale LP (Carlyle) has beenﾠcleared byﾠthe Competition Authority.
| Notification date | Decision date |
|---|---|
| Tuesday October 1, 2013 | Thursday, October 17, 2013 |
| Parties Involved | Business activities |
|---|---|
| CP V Riverdale LP | The Carlyle Group is an alternative asset manager. |
| Beats Electronics, LLC | Beats manufactures and sells audio products in the United States, Europe, Latin America and Asia. |
| Economic sector | Media merger |
|---|---|
| Carlyle is a global alternative asset manager. Beats is active in the consumer audio electronics sector. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, October 14, 2013 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396, e-mail: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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Competition and Consumer Protection Commission
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