|By PR Newswire||
|February 11, 2014 09:30 AM EST||
NEW YORK, Feb. 11, 2014 /PRNewswire/ -- Axial, the online network for professionals who run, advise, finance, and acquire private companies, has partnered with the Association for Corporate Growth (ACG), the global organization focused on driving middle-market growth.
The two organizations will collaborate on their shared goal of enabling private companies with more predictable access to capital to allow both growth and exit strategies among middle market business owners. In addition to participating at ACG's annual InterGrowth industry conference, Axial will provide preferred content, tools and services to ACG members, and contribute expert commentary to ACG's Middle Market Growth magazine.
The partnership also gives Axial the opportunity to support ACG's policy initiatives promoting legislation friendly to middle market business owners, as well as to the brokers and capital sources who enable and advance their growth.
"This partnership will generate significant growth in connections across our member bases both online and offline, leading to higher success rates of middle market private company transactions," said Peter Lehrman, Chief Executive Officer, Axial. "We've been working with ACG for several years and this presents a structured opportunity to better serve the needs of capital providers, advisors, and private companies to fuel American middle market growth."
Axial joins fellow ACG partners that include market leaders such as Merrill DataSite, Grant Thornton LLP, Venable LLP and PitchBook Data.
"ACG is thrilled to be collaborating with Axial in our quest to bring the middle market together to achieve business and professional goals," said ACG President & CEO Gary LaBranche, FASAE, CAE. "Axial's support of our signature events, InterGrowth and EuroGrowth, and participation in our thought leadership programming helps further our mission of driving middle-market growth."
For media queries, please contact Sara Zick at 646-922-7759 or [email protected].
Axial operates the world's most active online network for professionals who operate, advise, finance, and acquire private companies. Each week, more than 200 private companies confidentially connect with more than 15,400 different financial intermediaries, capital providers, and strategic acquirers. Professionals join Axial to expand their network, confidentially source and share opportunities, and gain access to capital, advice and relationships that help them and their organizations succeed. Current active opportunities on Axial represent more than $41 billion in revenue, with more than 75 transactions closing each month. Axial is headquartered in New York, NY, and is backed by Redpoint Ventures and First Round Capital.
To learn more about Axial, or to request membership on the network, visit www.axial.net.
About Association for Corporate Growth
ACG's 14,500 members include professionals from private equity firms, corporations and lenders that invest in middle-market companies, as well as from law, accounting, investment banking and other firms that provide advisory services. Founded in 1954, ACG is a global organization with 56 chapters. Learn more at www.acg.org. ACG drives middle-market growth.
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