DiliTrust to acquire Hyperlex for $31m.

DiliTrust, a developer of software designed to improve operational processes around corporate governance, agreed to acquire Hyperlex, a developer of contract management and discovery platform, for $31m. The transaction is supported by Cathay Capital, Eurazeo, and Sagard NewGen. “We are delighted to join the DiliTrust group, whose services complement those of Hyperlex perfectly. Today, companies are aware that legal procedures, especially contract management, are becoming critical processes and a major performance issue. Together with DiliTrust, we are ideally positioned to meet these needs. We share DiliTrust’s deep entrepreneurial culture, but above all, the ambition to become European champion of LegalTech that will accelerate and secure legal processes to better serve companies’ business challenges," Alexandre Grux, Hyperlex CEO.