Axiom, a New York-based alternative legal services provider received an investment from London-headquartered private equity firm Permira. The amount of the deal was not disclosed.
The company intends to use the funds to pursue growth opportunities, driven by its clients’ increasing need for expert legal talent that is flexible, yet integrated with the enterprise.
Areas of likely support include further investment in Axiom’s technology platform, which helps to identify, match and engage companies with talent; and continued expansion of Axiom’s sales force to better meet the needs of current and potential clients, particularly within the Fortune 500.
Permira will also leverage its international footprint to support Axiom’s continued expansion, through investment and business development, in the U.S. and globally.
Led by Elena Donio, CEO, Axiom integrates technology and data into the legal aid they provide for their clients.