The Service of the Commission for the Protection of Competition has received a notification of a concentration according to Section 10 (4) of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of the share capital by investment funds that are managed/controlled by Advent International Corporation and Viking Global Investors LP of Global Processing Services Group Ltd.
Advent International Corporation is a company duly registered in accordance with the laws of the State of Delaware of the U.S.A. Advent International Corporation focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology.
Viking Global Investors LP is a global investment management company duly registered in the Securities and Exchange Commission of the U.S.A.
Global Processing Services Group Ltd is a company duly registered in accordance with the laws of the England and Wales of the U.K. Global Processing Services Group Ltd is the holding company of Global Processing Services Ltd is a global payment technology platform duly registered in accordance with the laws of the Isle of Man.