European Commission OKs Ardian's Purchase of Technology & Strategy

06:50 AM EST, 11/09/2026 (MT Newswires) -- The European Commission cleared the acquisition of French engineering, IT and business consultancy Technology & Strategy by Ardian Expansion Fund IV B and Ardian Expansion Fund IV EIF Parallel, funds controlled by private markets investment group Ardian. The authority concluded that the transaction, which mainly concerns to engineering, IT, and business consulting services, would not raise competition issues due to the companies' limited market position after its completion, according to a Monday release.