Friday, February 15, 2013

Axiom Receives $28 Million Investment

SAN FRANCISCO, Feb. 6, 2013  -- Carrick Capital Partners, LLC announced the firm's investment in Axiom, a 1,000 person new model firm that helps general counsel manage their workload more effectively.  This announcement marks Carrick's first deal since closing the firm's first fund in November of 2012.  Carrick focuses on investing in companies that provide technology-enabled service offerings, business process outsourcing, transaction processing, software as a service and enterprise software.

"We seek to invest in companies that possess the right fundamentals to significantly grow their operations," explained Jim Madden .  "Axiom is a pioneer in their space and uniquely situated for rapid growth.  Our role is to leverage our business building, BPO experience and our investing acumen on Axiom's behalf."  

"Carrick Capital Partners is a perfect fit for Axiom. The team at Carrick has unique experience building transformational businesses, they're savvy investors, and most important, they have real passion for the Axiom mission," commented Mark Harris , CEO of Axiom. "Axiom is well-positioned to help the legal industry transform itself for the better, and Carrick's growth equity and know-how will play a critical role. We couldn't be happier and look forward to using the funds to invest in the commercialization of our Managed Services offering, including our delivery capability, center infrastructure, and technology."