CCPA Readiness Checklist
January 6, 2020
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Elena Donio will stay on as CEO as Permira becomes the legal staffing behemoth's biggest stakeholder. Permira, the European private equity firm known for its investments in professional services businesses, has made a “significant” investment in legal staffing and services provider Axiom and will be the majority owner of the company, according to Axiom senior vice president David Pierce.
Last night, pioneering on-demand lawyer service and ALSP, Axiom, announced that it had taken a significant investment from private equity (PE) fund, Permira. Artificial Lawyer spoke to San Francisco-based Senior Vice President & Head of Commercial for North America, David Pierce, about why there was no IPO as announced back in February, and what’s next following the new funding.
Lawyer staffing company Axiom announced it has received an investment from private equity firm Permira Funds and has scrapped its pursuit of a public offering.