Gibson Dunn is acting as counsel to GIC Pte. Ltd. on strategic investment in Septeo Group. This makes it a leading provider of European software. Septeo Group will aggressively pursue growth opportunities across sectors like LegalTech and PropTech through this strategic partnership.
Leading global law firm Gibson Dunn & Crutcher has advised GIC, a sovereign wealth fund and strategic investor, on its strategic investment in Septeo Group. This deal is a landmark one for both GIC and Septeo, as it cements the latter’s position as a leading player in Europe’s tech industry.
LegalTech heavyweight Septeo announces that GIC, another new minority investor in addition to Téthys Invest, is investing in a capitalization that values the group at over €3 billion. With this funding, the company will be better positioned to pursue its mission of growing its software solutions it already has in use by over 200,000 legal and real estate professionals across Europe. Revenues are expected to touch €420 million by the end of 2024 and will continue to invest heavily in research and development, focusing on its high-edge AI initiatives.
Septeo’s chief executive, Hugues Galambrun, said that GIC and Téthys Invest coming together will give the company the boost it needs for long-term development. He underlined the fact that investment proves a lot about the innovative spirit of French businesses for staying competitive at the global level. Despite the company having new investors, Hg has been a consistent backer of Septeo and will stay its majority investor.
In summary, this latest round of investment places the stamp of another strategic pursuit by Septeo toward becoming one of the largest software providers in Europe, particularly into those industries touching lives—from legal services to real estate. Now as the company extends its offerings to expand the reach and puts money on further innovation, it is well-positioned to shape the future of these critical industries.
Gibson Dunn’s involvement underscores the firm’s expertise in advising global investors on high-stakes, cross-border transactions, further solidifying its reputation in the field of corporate law.
