The European Commission has approved the acquisition of joint control of Financière Hary SAS and its subsidiaries ('A2Mac1') by Rothschild & Co, both based in France, and Providence Equity Partners ('Providence'), based in the USA.

A2Mac1 is a B2B database company providing engineering and technical benchmarking services, primarily to the automotive industry.
Rothschild is an investment banking and financial services company.
Providence is a private equity firm specializing, among others, in the media, communications, education and software sectors in North America and Europe.

The Commission concluded that the proposed acquisition would not raise competition concerns given the absence of overlapping activities between the parties.


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