EXPANDING WORLD CLASS IT SERVICE DEVELOPED IN SLOVENIA TO NEW MARKETS
Lexpera S.A.
Online Legal Information System
Slovenia, Croatia, Turkey
2011 – Present
IUS Info, the leading Lexpera brand in Slovenia with 1800 accounts is the market leader in online legal information system with 90% market share. Since its foundation in 1989 innovative approach and broad knowledge of its legal and information technology experts enables the firm to offer top level products and services that guarantee users complete solutions to the challenges they face every day. It provides accurate, comprehensive, fast and interconnected information and intuitive interface that effectively guides the user to the desired solution.
Royalton acquired 70% of IUS in 2011. The company first focused on accelerated expansion in Croatia, where IUS Info Croatia by the end of 2016 increased its revenues 8x and with 1100 accounts became the first choice service, highly regarded by the legal community. At the same time IUS carried out a global research of online legal services and identified Turkey as the country offering the best opportunity to expand. Royalton Partners with IUS executives identified a number of acquisition targets, of which On Iki Levha (OIL), a legal publisher agreed to team-up with IUS to launch a sister system. RCI II financed acquisition of majority stake in OIL and development of Turkish service by Slovenian IT specialists and OIL sales team. The service was launched in 2015 and by the middle of 2017 it has almost 10 thousand users, providing all laws and the largest database of court cases in Turkey through state-of-the-art interface.
Royalton structured the investment through a Luxembourg holding company, which takes strategic decisions and merges interests of shareholders. Operating subsidiaries are located in Slovenia, Croatia and Turkey.