Thursday, June 16, 2022

DiliTrust continues its ascent with €130 million invested by Cathay Capital, Eurazeo and Sagard

PARIS, AB, FRANCE, June 16, 2022 /EINPresswire.com/ --
Press release DiliTrust continues its ascent with €130 million invested by Cathay Capital, Eurazeo and Sagard

DiliTrust, a leader in SaaS solutions for legal departments, brings together a prestigious consortium with Cathay Capital, Eurazeo and Sagard, in a major transaction in the European LegalTech sector, in order to accelerate its conquest of new markets.

DiliTrust has developed a recognized know-how in contact with the legal departments of

large groups and mid-sized companies. The company is continuously innovating and offering an integrated suite of secure solutions to meet the digital transformation, collaboration and compliance challenges of legal departments.

This transaction will enable DiliTrust to accelerate its organic growth both organically and through external growth operations, to support its continuous innovation approach, and its international development. On this occasion, the company also plans to carry out a significant recruitment plan over the next twelve months.

An unprecedented success in the field of LegalTechs

With this transaction, DiliTrust is writing a new chapter in its history and is part of a European and global success model. Its dynamism, attractiveness and strong development potential attracted three new investors Cathay Capital, Eurazeo and Sagard, following a transaction closed in May 2022. The company will thus benefit from the support of the consortium of investors providing DiliTrust with global geographical coverage, a vast ecosystem and significant financial resources.

DiliTrust is a leader in France, Canada, Italy, Spain and Morocco and present in nearly 50 countries in Europe, Latin America, the Middle East and Africa. Faced with the increasing complexity and demands placed on legal departments, the company offers the DiliTrust Governance suite, significantly simplifying the daily lives of its clients. It ensures security and traceability through a complete suite of modules and rapid deployment.

"This investment is a recognition of DiliTrust's performance and affirms its ambition to be THE leader in solutions for legal departments thanks to a unique positioning. We are as close as possible to in-house lawyers by anticipating their needs. We empower them to perform better and have the key information for informed decision-making. With the most comprehensive suite on the market, we offer them the opportunity to create value with a popular user experience. " says Yves Garagnon, CEO of DiliTrust.

Sustainable double-digit growth above the market for DiliTrust

DiliTrust now employs more than 170 people around the world, enabling it to achieve a turnover of nearly 27 million Canadian dollars in 2021, half of which is international. It has recorded an annual growth of more than 30% in recent years.

The solution offers the possibility for legal departments to position themselves as a true strategic partner of their General Management. With more than 2,000 user organizations on four continents, and a customer recommendation rate of over 97%, DiliTrust is recognized for its business expertise and proximity, true to its belief in Closer to you. Use cases are concentrated around board meetings, management of legal entities, contracts and disputes, and finally permanent data rooms.

DiliTrust has been able to anticipate each major evolution of the market by enriching its range and quality of service. Its ambition is to make DiliTrust Governance the world's reference solution. In a market whose growth is of the order of 15% per year, DiliTrust consolidates its pioneering position by posting more than double.

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