Advent’s acquisition of Morpho’s identity and security solutions cleared by the European Commission

The European Commission has conditionally cleared the proposed acquisition of identity and security solutions provider Morpho by Advent International. The approval is conditional on the divestiture of Morpho’s payment smart card business in France.

A CRA Team including Laurent Flochel, Mikaël Hervé, Céline Rizzoli provided economic advice to the parties during the proceedings before the European Commission.