10 August 2016
On 9 August 2016, the Finnish Competition and Consumer Authority (FCCA) approved the acquisition of VXI Lux Holdco S.á r.l., VXI Global Solutions LLC and Venus Acquisition Co (later referred to as VXI) by the Mars Parent Limited Fund managed by the private equity firm Carlyle Group L.P.
The Finnish Competition and Consumer Authority has concluded that the acquisition will not significantly impede effective competition in the Finnish market, or have a material negative impact on competition.
Carlyle Group L.P. manages investment funds in four segments: corporate private equity, real assets, global market strategies and investment solutions.
VXI provides outsourced customer engagement services such as call centre services and IT outsourcing services to the corporate sector. In Finland, VXI operates through Symbio Finland Oy.
The FCCA’s decision includes business secrets of the parties involved. The decision can only be published after the confidential information has been removed, which will take approximately two weeks.
Further information: Research Officer Pontus Ranta, tel. +358 29 505 3747