The corporate group at Bristol-headquartered national law firm Burges Salmon has advised on a £4m investment in Legatics, a legal project management platform that simplifies and automates legal processes.
The funding from FINTOP Capital and Gresham House Ventures will support London-based Legatics as it targets further growth and expansion into the US market while also allowing for the further development of its platforms with new project management capabilities and AI-powered add-ons.
The Burges Salmon team acting for Legatics was led by corporate partner Alex Lloyd and solicitor Elena Kaltsas-Walker.
Alex, pictured, said: “It has been a pleasure to work with the Legatics team to secure this important investment, which promotes and supports innovation and technology in the legal sector.
“As lawyers we understand the importance of investing in technologies to enhance the client experience, something our firm is very much committed to, and so we’re excited to see Legatics go from strength to strength as it embarks on the next phase in its growth journey.”
Legatics chief commercial officer Daniel Porus added: “We’d like to thank Alex and the team at Burges Salmon for getting our financing round over the line.
“The firm is commercially minded, has supported us through two successful fundraisings and understood from the get-go what was needed to get the deal done.”
Burges Salmon’s corporate practice acts on high-value and complex transactions and supports fast growing companies with their growth ambitions.
Over the past year, the team has advised on more than 110 transactions for domestic and international clients, particularly in the energy, healthcare, life sciences and financial services sectors.
