Cuatrecasas advises Cleon Capital on the acquisition of Lexer and Zelsior

Cuatrecasas has advised Cleon Capital, the Italian-Spanish advisor specialising in European companies, on the acquisition of Lexer, a leading technology and comprehensive provider of legal and debt collection services for companies. With this transaction, Cleon aims to boost its new phase of growth in the alternative legal service providers (ALSP) sector.

The entry of Cleon Capital will support and boost Lexer’s leadership in the sector through further acquisitions to diversify the business, provide new services in different sectors and continue to focus on technological development.

The firm has also advised Cleon-Lexer on the acquisition of Zelsior, a legaltech company providing procedural and legal services in credit management at the national level. Its incorporation will enable Cleon Capital to establish itself as a benchmark in Spain in the provision of comprehensive legal services and representation, mainly in the judicial field of defending companies against mass litigation and loan portfolio management.

The team responsible for advising on both transactions was made up of Fernando Mínguez, Pedro López-Dóriga, Juan Navajas, Julio Otero and Rocío Quintanilla from Corporate; Carlos Lasarte, Manuel Atencia and Sara Ruiz from Financial; and Jorge Arbex and Rocío Aguado from Tax.