Katalysen Ventures announces LOI for merger between Alaco Analytics and VALEGA Chain Analytics

Katalysen Ventures, the leading Nordic venture developer focused on supporting innovative and disruptive companies in early-stages, has signed a Letter of Intent (LOI) for a merger between its venture Alaco Analytics, and VALEGA Chain Analytics (“Valega”, https://www.valegachain.com/), a Finnish firm specializing in digital forensics and investigations.

Alaco Analytics was founded as a joint venture between Katalysen Ventures and Alaco Ltd, (https://www.alaco.com/), a leading business intelligence firm.

The merger with Valega will enable the combined entity to leverage Alaco Analytics' expertise in blockchain intelligence and Valega's cutting-edge digital forensics capabilities. The resulting company will be a leading force in the fields of digital forensics and financial intelligence.

"We are excited to bring together these two exceptional businesses." said Peter Almberg, CEO of Katalysen Ventures. "The merger between Alaco Analytics and Valega will create a powerhouse in digital forensics and the timing is great with MiCA legislation (https://www.investopedia.com/european-union-passes-first-crypto-regulation-7482999) being implemented in 2024”.

The deal is subject to due diligence and final approval by the boards of Alaco Analytics and Valega. Once completed, the new entity will become part of Katalysen Ventures' portfolio.

"We believe this merger will be transformative for both companies," said Sven Martinsson, CEO of Valega. "By combining our strengths, we will be able to provide our clients with unparalleled digital forensics and financial intelligence capabilities.“

The merger is set to be fully completed within the next two months.