DiliTrust Expands European Footprint with PACTA Acquisition
Deal News | Feb 27, 2025 | Cathay Capital
In a strategic move to solidify its position as the leading provider of contract lifecycle management (CLM) software in Europe, DiliTrust has announced its acquisition of PACTA, a German CLM software company. DiliTrust, known for its AI-powered legal cloud services for in-house legal teams, already boasts a prestigious client base in the DACH region, including companies like Amundi, Allianz, and Airbus. The integration of PACTA's expertise is anticipated to reinforce DiliTrust's capabilities, particularly strengthening its AI-driven CLM module. This acquisition aligns with DiliTrust's broader growth strategy, aiming to combine cutting-edge technology with local market expertise. Yves Garagnon, Co-CEO of DiliTrust, emphasized the synergy between the two companies' visions, while PACTA's Co-Founder Fabian Pohl hailed the potential to elevate their technology further within DiliTrust's larger, resourceful framework. The European LegalTech market is rapidly evolving, and DiliTrust's move to acquire PACTA seeks to unify top-tier solutions into a more connected ecosystem for legal and corporate teams across Europe. With ongoing integration, both firms are prioritizing customer continuity and service reliability, ensuring that PACTA's team, including its founders, remains operational. The acquisition also bolsters DiliTrust's presence in Germany, highlighting its commitment to innovating and securing legal operations for its 2,500+ business clients globally.
Sectors
- Legal Technology (LegalTech)
- Software as a Service (SaaS)
Geography
- Europe – The acquisition strengthens DiliTrust's position as a leading CLM provider in Europe, highlighting the continent as a crucial geography.
- Germany – PACTA is based in Germany, and the acquisition is part of a specific strategy to enhance DiliTrust's market presence in the German-speaking DACH region.
- DACH Region – The article repeatedly emphasizes the strengthening of DiliTrust's operations and client servicing in the DACH region, composed of Germany, Austria, and Switzerland.
Industry
- Legal Technology (LegalTech) – The article focuses on DiliTrust's acquisition of PACTA, both of which are involved in providing AI-powered legal technology solutions, marking relevance in the LegalTech sector.
- Software as a Service (SaaS) – Both DiliTrust and PACTA offer SaaS-based solutions aimed at streamlining legal operations, indicating the relevance of the SaaS industry in the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DiliTrust | Acquirer | Company | DiliTrust is a global provider of AI-powered SaaS solutions for in-house legal teams, focusing on contract lifecycle management and other legal operations. |
| PACTA | Target | Company | PACTA is a German-based contract lifecycle management platform specializing in AI-driven automation to enhance contract processes. |
| Cathay Capital | PE Firm | Company | Cathay Capital is a private equity firm backing DiliTrust in its acquisition strategy. |
| Yves Garagnon | Co-CEO | Person | Yves Garagnon is the Co-CEO of DiliTrust, facilitating the acquisition strategy and expansion in Europe. |
| Fabian Pohl | Co-Founder & Managing Director | Person | Fabian Pohl is the Co-Founder & Managing Director of PACTA, overseeing its integration into DiliTrust. |
| Nadim Baklouti | Co-CEO | Person | Nadim Baklouti is the Co-CEO of DiliTrust, emphasizing their vision to become a leading LegalTech entity. |