At what enterprise value was AXIOM acquired in 2019?

You can find the full valuation details of AXIOM on mynth capital. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AXIOM when it was acquired by PERMIRA?

The exact EV/EBITDA multiple for AXIOM is available on mynth capital. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was AXIOM acquired by PERMIRA?

AXIOM was acquired by PERMIRA in 2019.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AXIOM acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AXIOM deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.permira.com/news-and-insights/announcements/permira-funds-complete-investment-in-axiom

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Home Database Business ServicesAXIOM

10/2019

PERMIRA invests in AXIOM

UNITED STATES Professional Services / Consulting & Audit / Legal & Notary REV 50m USD - 500m USD

Context

Axiom is being invested in by a vehicle backed by the Permira funds, marking the first external capital infusion for the legal talent platform. The agreement was signed in the fourth quarter of 2019 after a period of negotiations involving both parties' financial and legal advisors. The transaction follows Axiom’s multi‑year expansion into Europe and Asia and reflects the firm’s need for additional resources to accelerate product development and market penetration. The strategic rationale for the investment centers on Permira’s expertise in scaling technology‑enabled service businesses and its existing portfolio of professional‑services firms. Permira aims to leverage its operational platform to enhance Axiom’s talent‑matching technology, broaden its sales organization, and deepen its presence in the Fortune 500 segment. From Axiom’s perspective, the partnership provides capital and strategic guidance to accelerate the rollout of new service delivery capabilities and to support further geographic expansion. Operationally, the infusion of capital is expected to fund enhancements to Axiom’s proprietary platform, including AI‑driven matching algorithms and integrated compliance tools. The collaboration will also enable a larger sales force to target enterprise clients across additional regions, while Permira’s global network will facilitate cross‑sell opportunities with its other portfolio companies. The combined effect should increase the volume of on‑demand legal engagements and improve the efficiency of talent deployment for corporate legal departments.

AXIOM, which reported an EBITDA margin of LOGIN in 2019, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Axiom provides on-demand legal talent through a digital platform that aggregates more than 2,000 qualified lawyers. The company structures engagements that allow corporate legal departments to augment their core teams with flexible, project‑based resources. Clients include over half of the Fortune 100, spanning sectors such as finance, technology, manufacturing, and consumer goods. Axiom’s service model combines talent sourcing, matching algorithms, and compliance oversight, enabling rapid deployment of specialized counsel. The firm originated in the United States nearly two decades ago and has expanded its footprint to Canada, the United Kingdom, Germany, Switzerland, Hong Kong, and Singapore. Its technology infrastructure supports real‑time talent identification, contract management, and performance analytics. Revenue is generated primarily through subscription‑based access fees and usage‑based billing for individual lawyer assignments. The organization maintains a self‑directed career framework that encourages lawyers to join the platform in greater numbers than traditional law firms.

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12/2017	PERMIRA	DUFF & PHELPS	UNITED STATES	Professional Services	Duff & Phelps has been acquired by a vehicle of the Permira funds. The transaction was announced in December 2017 and is subject to customary closing conditions, with completion expected in the first quarter of 2018
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REFERENCES

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AXIOM by PERMIRA are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: axiom

Acquirer: permira