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Portobello Capital acquires majority stake in Legálitas

Portobello Capital has closed its acquisition of Legálitas, a tech-enabled legal services platform in Spain. 

This deal constitutes the largest transaction in the consumer legal-tech segment in Spain in the recent years, and represents the consolidation of the expansion plan started by Legálitas three years ago.

Luis Peñarrocha, Norberto Arrate and Ramón Cerdeiras will represent Portobello Capital on the Board of Directors of Legálitas, together with independent directors with relevant experience in the sector.

Tikehau Capital is acting as financing provider and reference partner to Portobello in this transaction.

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