The Commission for Protection of Competition received a concentration from The Fund Baring Private Equity Asia VI concerning the acquisition of the share capital of ETS Holdings Inc., via Sarbacane Bidco, Inc..
The Baring Asia Private Equity Fund VI is an investment fund linked to Baring Private Equity Asia, an independent asset management company in Asia, which operates an investment program, financing acquisitions and providing development funds to companies for expansion or acquisitions, as well as private credit program and a real estate investment program.
Sarbacane Bidco, Inc. is a special-purpose company (special purpose vehicle) duly registered in Delaware of the United States, which was established for the purposes of the acquisition of shares of ETS Holdings Inc., and is owned by the Fund VI.
ETS Holdings Inc. is a company duly registered in Delaware of the United States and is the parent company of Prometric Inc.. ETS Holdings does not have any activities other than the ownership of shares of Prometric Inc. which is a company duly registered in Delaware of the United States who is engaged in providing technology-enabled testing and assessment services to academic and professional organizations.
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