Luminate Capital Partners makes strategic investment in Axonify

1 minute read
20 April 2021

On April 20, 2021, Luminate Capital Partners, a private equity firm focused on enterprise software, announced a strategic growth investment in Axonify, a leader in frontline employee training software. 

Axonify's market-leading training and communication SaaS platform is purpose built to serve frontline employees. Axonify delivers personalized, bite-sized bursts of learning directly into the flow of work, for just a few minutes a day, promoting employee behavioral changes that drive dramatically improved business results. Axonify is trusted by more than 160 global enterprise customers in 150+ countries around the world, including Walmart, Levi's and Merck. 

Gowling WLG advised Axonify on this transaction with a team that included Todd Bissett, Sean Gomes, Duncan Snyder, Andrew Griffin, Adam Carlin and Marco Wai (corporate/M&A); Paul Carenza and Anita Yuk (tax); and Ian Macdonald (competition).

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