Willkie represented management of Axiom, the global leader in specialized on-demand legal talent, in the transaction.
On September 5, it was announced that Axiom, the global leader in specialized on-demand legal talent, entered into a definitive agreement with global private equity firm Permira, whereby a company backed by the Permira funds will make a significant investment in Axiom. Willkie represented Axiom management, which will continue to lead the company.
The new investment will support Axiom as it continues to expand in the U.S. and internationally, launch new service delivery capabilities and leverage the legal industry’s ongoing shift to flexible talent models.
Currently operating in North America, the U.K., Central Europe and Asia Pacific, Axiom works with over half of the Fortune 100 companies, enabling clients to access over 2,000 talented lawyers though a curated platform. With over 250 employees in 14 offices across North America, Europe and Asia, Permira advises funds with total committed capital of approximately $47.4 billion.
The deal was handled by partners Jeffrey Poss and Mark Holdsworth and associate John Wright.