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New Deal


Announced

DiliTrust to acquire Hyperlex for $31m.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Friendly

contract management software

Acquisition

Single Bidder

France

Cross Border

Pending

Majority

Private

Software

Synopsis

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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.

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