Spanish venture capital fund MCH acquires Logalty
MCH, led by Jaime Hernández de Soto and José María Muñoz, has acquired 100% of Logalty, a legaltech group specialized in electronic certification and controlled by Informa D&B.
According to market sources the value of the transaction would be around €70m. Logalty, founded in 2005, specializes in the generation of electronic evidence by interposition in electronic contracting and communications services. The Company offers its clients technological flexibility as well as legal security through its distributed evidence matrix.
So far, Logalty's share capital has been distributed among Informa D&B (which in turn is owned by Cesce, the State credit insurance company); Socyam Participaciones; and Seur.
Logalty's partners have been advised by JB Capital and Garrigues, while MCH has been advised by Houlihan Lokey, Uria, KPMG, BIP Financial Services and EY-Parthenon. The financing of the operation will be provided by Tresmares, a financing platform specialized in high-growth SMEs.
