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Q Advisors Represents Akixi in Equity Recapitalization by Axiom Equity and True North Advisory
25 Feb, 2022
CRAWLEY, UNITED KINGDOM - February 17, 2022 -
Akixi, a leading call analytics software provider, has announced a growth investment from
Axiom Equity, a B2B SaaS investor, and
True North Advisory, a premier trusted advisor to enterprise B2B companies. Akixi provides businesses with a cloud-based analytics platform helping companies transform how they track and understand their business communications. Since its founding in 2008, Akixi has demonstrated rapid growth across the UK and US, building trusted partnerships with over 600 of the world’s leading B2B telecom and IT providers delivering Akixi services to over 7000 customer sites worldwide. The growth equity investment will be used to support further international expansion and product innovation. Axiom Equity is leading the investment, alongside True North Advisory who join as strategic partners. True North Advisory’s partners include Mike Tessler and Scott Hoffbauer, the founders and former management team of
BroadSoft, Inc. Craig Decker, who previously led BroadSoft in EMEA, and subsequently led the Cisco Worldwide Cloud and Hosted Group following Cisco’s $2bn acquisition of BroadSoft in 2018, joins Akixi as Chief Executive Officer. Craig will drive and deliver on the company’s global expansion plans, and comments, “Akixi has seen impressive growth over recent years, and I’m hugely excited to be leading the team which will collectively implement the company’s growth strategy as we embark on the next chapter for Akixi.” Bart Delgado, Co-founder of Akixi, also commented, “The combined resources of Axiom and True North provide the rocket fuel that will see Akixi into the future, as we extend our leading analytics solutions deeper into international markets.” Ed Fraser of Axiom Equity added, “We look forward to supporting Akixi as it continues to build world-class software and analytics products. Our partnership with Craig Decker and the True North team will help Akixi unlock some exciting new growth opportunities.”
Q Advisors, a global TMT investment banking boutique, acted as exclusive financial advisor to Akixi in connection with the transaction.
