Brussels, 7 November 2022
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Onecall Holding, Inc. (‘Onecall’) of the US by Partners Group AG of Switzerland and Kohlberg & Co., L.L.C. of the US. Onecall indirectly owns USIC Holdings Inc., a provider of underground utility damage prevention and utility locating services in the US and Canada. Partners Group is a global private markets investment management company. Kohlberg is a private equity management company specialised in investments in middle market companies. The Commission concluded that the proposed acquisition would raise no competition concerns, given its limited impact on the market. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.10911.
Source – EU Commission