The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the acquisition of share capital of Viewpoint Software Holding Pte. Ltd by BPEA EQT funds, via Verdi Pte. Limited.
Verdi Pte. Limited is a company duly registered under the laws of Singapore. Verdi is a wholly-owned subsidiary of BPEA EQT's investment fund vehicles, it is the acquisition vehicle in the proposed transaction and has no prior activities.
BPEA EQT is a private markets company, which manages a private equity investment program, financing acquisitions and providing growth capital to companies for expansion or acquisitions. BPEA EQT and its subsidiaries advise private equity funds operating in several different sectors, including education; business services, manufacturing, logistics, healthcare and consumer sectors.
Viewpoint Software Holding Pte. Ltd is a company duly registered under the laws of Singapore and provides entity management software ("EMS") used by trusts, corporate and fund administration service providers (TCFS) providers, offshore law firms and companies to store and manage administrative data relating to corporate legal entities entities).