Founded in 2017 in Switzerland, LARI digital offers a leading cloud-based legal and regulatory intelligence platform. LARI is an end-to-end solution for in-house legal and compliance teams to easily monitor legislative and regulatory changes, while increasing the level of automation (not only by AI) and also translating them into actionable and auditable items. Regulatory monitoring tasks that otherwise would have been carried out manually are automated, and LARI’s users are able to gain more control over their workstreams. The company focuses on mid-sized corporations and is a leader in the Swiss market, with insurance & banking customers accounting for approximately half of the customer base.
The incorporation of LARI digital at the beginning of 2024 marked Main’s inaugural acquisition of a Swiss company, affirming its commitment to bolstering Aunetic’s presence in Europe through organic growth, strategic partnerships, and a selective buy-and-build strategy.
The primary objectives of the strategic acquisition with LARI include the strengthening of Aunetic’s governance software suite, strengthening of the market position in the DACH region, and fortification of the group organization. LARI digital, as an attractive add-on acquisition, aligns seamlessly with these goals, enhancing and complementing Aunetic’s existing product suite with new solutions withing regulatory change monitoring, while contributing to the consolidation of its presence in the DACH region, particularly in the Swiss market where LARI has a strong market position.
(Press release / SK)