- This operation is part of the growth strategy of Logalty, the main Legaltech in the Iberian Peninsula, with which it provides new qualified certification and digital identification solutions.
- The integration of Firmaprofesional into the Logalty Group creates geographical, technological and customer synergies, allowing the group to strengthen its position in important sectors such as public administration, healthcare and education.
- Since MCH acquired Logalty in April 2021, the company has already integrated four companies with the aim of creating a leading Legaltech and Regtech group in Europe.
Madrid, October 25th, 2022 – Logalty Group, a leading company in the Legaltech and Regtech sector in Spain with technological solutions for digital identification, notification and electronic contracting, has acquired Firmaprofesional in order to strengthen its portfolio of services in the field of qualified electronic signatures, digital identification and trust services and to continue consolidating its position as the leading Legaltech and Regtech player.
With more than 1,000 clients, Firmaprofesional is a leading company in the market of trust service providers and offers a wide range of technological solutions focused on certification, qualified electronic signature and digital identification against third parties. This acquisition means the integration of Firmaprofesional’s 20 years of experience within the Logalty Group. Both companies are complementary in terms of geographic areas, technologies, clients and solutions, allowing the group to expand its client portfolio among Public Administrations and, especially, in the healthcare and education sectors. Likewise, Firmaprofesional’s team of 45 professionals, distributed in its offices in Barcelona and Madrid, joins the group.
BlueBull, an investment bank specialized in technology company transactions, has acted as exclusive financial advisor to Firmaprofesional’s shareholders. Logalty has been advised by KPMG in the Due Diligence part, EY Parthenon in the technical part and Uría Menéndez as legal advisor.
María Dolores Pescador, CEO of Logalty Group, states that “the integration of Firmaprofesional’s team in Logalty Group allows us to strengthen our value proposition in qualified electronic signature, entering into new sectors and complementing our geographic scope. Together, we combine more than 35 years of experience in the sector, which will allow us to boost the innovation of our technological solutions and reinforce the legal security we provide to our clients”.
For Albert Lluch, Member of the Board of Directors of Firmaprofesional and CEO and General Manager of Grup Med Corporatiu, “the integration in Logalty Group is a fundamental milestone in the strategy followed by Firmaprofesional. Being part of a consolidated Group in the Spanish Legaltech market with the capacity to lead in Europe in the fields of digital identification and qualified electronic signature is a perfect fit to maintain and improve the service to our customers, while expanding professional growth opportunities for our employees. Grup Med Corporatiu will remain committed as a shareholder to this project”.
Andrés Peláez, Senior Partner of MCH Private Equity, assures that “with the recent incorporation of Firmaprofesional, Grupo Logalty reinforces its position as a reference in the Iberian market. At the same time, we are building a large group at European level, which is already the fourth largest Legaltech and Regtech player in Europe, with the aim of offering a comprehensive service with full legal guarantees in both national and international online transactions”.
After the acquisitions of Regtech Solutions, SmartBiometrik and DigitalSign, this transaction represents a further step in the growth and internationalization strategy that MCH Private Equity, together with Ardian Growth and Swen Capital Partners, have for the company. Logalty Group is making progress in its commitment to create an entity with a global reach and to position itself as one of the main players in the sector in Europe.
About Logalty Group
Logalty Group is the first LegalTech and RegTech reference in Spain in digital identification, contracting and electronic communication. Founded by a group of lawyers in 2005, it builds and safeguards electronic evidence from the figure of Third Party Interposed to ensure the necessary legal and technological security during different types of online operations. It is also an expert in GRC (Governance, Risk and Compliance) solutions.
Logalty Group supports large companies and SMEs in the banking, insurance, real estate and retail sectors to accelerate their digital evolution through innovative proprietary technologies. The firm integrates Logalty, Logalty Mexico, ASNEF Logalty, SmartBiometrik, RegTech Solutions, DigitalSign and Firmaprofesional.
About Firmaprofesional
Founded in 2002 under the leadership of Grup Med Corporatiu, Firmaprofesional is a qualified service provider offering a wide range of solutions in the Digital Transaction Management (DTM) market. It focuses on the issuance and management of digital certificates mainly in Public Administrations, Professional Corporations and Spanish SMEs, with special dedication to the health, education and administrative management sectors. The company offers solutions to more than 1,000 clients thanks to a team of more than 45 professionals distributed between its offices in Barcelona and Madrid.