Lexer is the largest Spanish provider of tech-enabled legal services, supporting banks and corporate clients with defendant services for mass claims, plaintiff services and legal representation. Through the combination with Zelsior, Spain’s #1 provider of tech-enabled legal representation services, the newly formed group is further strengthening its market-leading position.
In this transaction, Yana Investment Partners partnered with Cleon Capital, a Madrid-based independent sponsor. The business plan envisages to further strengthen the market-leading position of the combined group and to add to the planned organic growth through selective acquisitions. The combined company will be led by Lexer’s existing management team.
Lexer is the third investment of Yana European Small Cap Portfolio 3 SCSp, which aims to build a portfolio of attractive small-cap investments across Europe.