Dentons advises Fides Technology on sale to LegalOn Technologies

Munich—Global law firm Dentons advised Munich-based legal tech company Fides Technology on its acquisition by Japanese AI company LegalOn Technologies. The shareholders of Fides Technology GmbH sold 100% of their shares to LegalOn Technologies, Inc. The three founders will remain as managing directors.

The merger will allow the companies to offer an integrated solution for legal departments that combines contract, matter, entity, and committee management in a single platform. LegalOn’s AI expertise will be incorporated into the Fides product, which will continue to exist independently under the Fides brand. In addition, further adaptations and specializations for North American and various jurisdictions in the Asia-Pacific region are planned for the Fides platform.

Founded in Munich in 2021, Fides’ AI-supported platform helps legal departments automate manual routine processes, reduce liability risks, and ensure effective global control. The Fides platform is used by corporations, medium-sized companies, and financial institutions to manage companies in more than 100 countries. Dentons has advised Fides since the company was founded.

LegalOn Technologies is a leading global provider of AI-based solutions for legal departments, e.g., for contract and matter management. The company has headquarters in San Francisco and Tokyo. With this acquisition, LegalOn is expanding its location portfolio to include Fides’ headquarters in Munich.

Advisors to Fides Technology

Dentons (Berlin/Munich):

Corporate/M&A: Thomas Strassner (Partner, Co-lead), Dr. Michael Singer (Counsel, Co-lead), Maximilian Stanglmeier (Senior Associate), Edi Baqaie (Associate, all Munich)

Tax law: Hauke Thieme (Partner), Holger Hölkemeier (Counsel, both Berlin)

Antitrust law/investment control: Dr. Josef Hainz (Partner), Dr. Maria Brakalova (Partner), Moritz Hellmann (Senior Associate, all Berlin)