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Hg invests in The Septeo Group to help continue building a leading LegalTech platform across Europe

Hg invests in The Septeo Group to help continue building a leading LegalTech platform across Europe

Published on : 15/02/2021 15 February Feb 02 2021
Press Release

 





Montpellier, France and London, UK. 19 November 2020 – Hg, Europe’s leading software investor, today announces an investment in The Septeo Group (“Septeo”), a European leader in LegalTech. Hg will invest alongside founders Philippe Rivière, Jean-Luc Boixel, Hugues Galambrun and the management team, which will continue to be led by Hugues Galambrun. 

The terms of the transaction are not disclosed and closing of the transaction is conditional on customary anti-trust approvals.

Septeo is a leading LegalTech provider supporting professions including notaries, law firms, corporate legal departments and real estate property managers in France, Belgium, Canada and the US. Founded in 1988, Septeo now has over 12,000 clients and more than 120,000 users, served by over 1,400 employees.

The investment reinforces Hg’s focus on legal and regulatory compliance tech, representing the 11th investment in this sector across Europe and North America, with over €1.5bn invested in the sector to date. 

Hugues Galambrun, CEO at Septeo, said: “This announcement represents a milestone for Septeo. It has been a huge achievement to get the business to this point and we thank all of our incredible colleagues for their hard work over many years. Hg will actively support Septeo's investment in the development of new innovative solutions, helping us to achieve further productivity and efficiency gains for our customers. This partnership with Hg will also help us continue to pursue our growth strategy, enabling us to bring new talent into the business, strengthen our innovation and continue with targeted acquisitions.”

Philippe Rivière and Jean-Luc Boixel, added: “Hg is a partner for several technology champions in France and across Europe. We look forward to introducing this experience and network to our business, working alongside the group's existing shareholders and management, to continue to reinforce Septeo’s position as a national and European champion in vertical software and IT services.”

Jean-Baptiste Brian, Sebastien Briens and Joris Van Gool, Partners at Hg, said: “Hg invests in businesses that demonstrate compelling long-term growth potential, built around strong technology foundations and talented teams. Septeo is an exceptionally high-quality provider of software serving the LegalTech space and there is an exciting opportunity to further scale what is already a great platform, to help drive digitalisation across the legal system and beyond. We’re really excited about the potential and look forward to partnering with such a strong and proven team, led by Hugues, Jean-Luc and Philippe.”

 
For further details:

Hg
Tom Eckersley - +44 (0)20 8396 0930

Diana Vaughton and Samantha Chiene (Brunswick UK) -  +44 (0)207 404 5959
Nicolas Grange (Brunswick, France) -  HG@brunswickgroup.com 
 

About Hg

Hg is a leading European investor in software and services, focused on backing businesses that change how we all do business. Deep technology expertise, complemented by vertical application specialisation and dedicated operational support, provides a compelling proposition to management teams looking to scale their businesses. Hg has funds under management of over $30 billion, with an investment team of over 140 professionals, plus a portfolio team of more than 30 operators, providing practical support to help our businesses to realise their growth ambitions. Based in London, Munich and New York, Hg has a portfolio of over 30 software and technology businesses, comprising over 35,000 employees across the UK, US and Europe. For further details, please visit the Hg website: hgcapital.
 

About Septeo Group: 

A major player in technology serving legal professionals (lawyers, company lawyers, notaries), property managers and CIOs. Septeo deploys its expertise in France and around the world, with 12,000 clients and more 120,000 users.  
Septeo brings together and grows 15 complementary companies specializing in the publishing of software solutions and IT services: 

 
  • Solutions for legal professionals (notaries, lawyers, corporate lawyers): Genapi, Genapi Belgium CSID, SECIB, Legal Suite, Ecostaff, Azko, DictaPlus, Softlaw, Eficio. 
  • Solutions for real estate professionals: SPI, LGI, NCIS. 
  • Solutions for IT professionals (DSI): RG System, Matilan, Novatim, Appliwave.  
     Septeo group achieves a turnover of €175m and has more than 1,400 employees    

For more information: www.septeo.fr 
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