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.
The size of the investment from Permira was not disclosed. The company said its current management team, led by CEO Elena Donio, will remain in their current roles.
It has been about eight months since a corporate reorganization at Axiom. The company in February spun off two business lines and announced it had filed paperwork with the U.S. Securities and Exchange Commission to pursue an initial public offering.
The company had a number of alternatives ...
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