The AI-powered legal entity management (LEM) platform Klea has been fully acquired by Quantios, a global provider of SaaS solutions for wealth and corporate services.

Klea has developed an innovative system to efficiently handle recurrent corporate statutory events for a global clientele, under the direction of a highly skilled management team.

Legal teams can work more efficiently on corporate secretarial tasks by using Klea’s collaboration solution, which offers a single source of truth and accurate, up-to-date entity data.

With its headquarters located in Belgium and legal experience spanning over 100 countries, the organisation is a great complement to Quantios SaaS solutions’ global reach.

Through the support of EQT and HG, Quantios is dedicated to spearheading digital transformation for corporate service providers (TCSPs) and trust.

Corporate legal teams and multi-client service providers will now have exposure to complete automated workflow solutions by merging Klea’s AI-enabled legal entity management tool with Quantios software.

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Guy Harrison, CEO of Quantios stated: “The combination of Klea and Quantios affirms our commitment to digitising the TCSP industry by accelerating our ability to automate core corporate service processes. Led by Filip, the Klea team have built a best-in-class solution that will increase efficiencies for our customers and corporate legal teams worldwide. We are delighted to be working with them in this next phase of growth for us all.”

Filip Corveleyn, CEO of Klea added: “We are proud to become part of Quantios. This opens a myriad of new opportunities for our clients and will vastly extend the breadth and depth of our offering. We are excited to work with Guy and his team to advance our AI-powered solution and give clients an efficient and worry-free entity management experience.”

Quantios, a global SaaS provider, partners with nearly 700 organisations to streamline processes, simplify regulatory compliance, and facilitate robust corporate governance in the Wealth, Trust, and Corporate Services industry.

Klea is a cloud-based legal entity management technology that automates corporate secretarial tasks, delivers real-time entity data, and links legal professionals worldwide.