News

Serent Capital has made an investment in Texas-based Axiom Medical, an incident case management and occupational health services provider. No financial terms were disclosed.

PRESS RELEASE

THE WOODLANDS, Texas–(BUSINESS WIRE)–Serent Capital, a San Francisco-based private equity firm focused on investing in fast-growing software and services businesses, has made a growth investment in Axiom Medical, a leading incident case management and occupational health services provider in North America.

Axiom Medical is a full-service provider of occupational health services that support the employee journey from pre-hire to post-separation. Their occupational health programs help clients ensure a healthy workforce that is capable of performing all tasks expected of each role. These programs are complemented by Axiom’s 24/7 incident and injury case management services which manage optimal outcomes for employee and employer when a workplace injury occurs. Furthermore, their absence management service helps employees who are out on extended absence due to personal health matters return to the workplace more quickly than traditional approaches. From “Apply” to “Goodbye”, Axiom helps the workforce get hired, stay healthy, and stay on the job.

“Axiom is an outstanding, mission-driven company wholly committed to safeguarding and assuring employee health. By putting the focus on the employee, and assuring that employee health issues are handled optimally rather than under or over treated, we establish trust-based relationships that deliver real ROI to both employee and employer. Engaging Axiom helps our clients to improve workforce health and safety, which results in reduced direct and indirect costs, fewer OSHA-recordable events, and increased compliance,” states Axiom CEO Mark H. Robinson.

He continued, “As we continue to scale, we want an investment partner who will offer the resource-set and expertise that will support the rapid growth we are experiencing. We feel Serent Capital – based on their values and track record of success – is ideally suited to help us with the growth opportunities that lie ahead, while maintaining our primary focus on delivering exceptional value and true ROI to our clients and their workforce.”

“Across a multitude of service delivery models, Serent has made several investments in healthcare; we believe Axiom is a unique and fantastic addition to our portfolio. Additionally, and importantly, Axiom’s management team is top-notch, which is demonstrated by stellar customer satisfaction, strong growth, and high client retention – things that really matter in a successful investment,” said David Kennedy, Partner at Serent Capital. “We are thrilled to have the opportunity to collaborate with the Axiom management team and help them drive continued service innovation and growth in the business.”

Serent’s investment in Axiom Medical represents its seventh investment in the healthcare sector. Prior Serent healthcare investments include Diversified HealthCare Resources (2015), Via Health (2013), Outreach Services (2012), United Allergy Services (2012), Cardon Outreach (2011), and Equinox Healthcare (2010).

About Axiom Medical
Founded in 1999 and headquartered in The Woodlands, TX, Axiom is a market leader in the occupational health sector in North America, with unrivaled service quality and a very strong return on investment for clients in the USA, Canada and Mexico. For more information, please visit the company’s website at www.axiomllc.com.

About Serent Capital
Serent Capital invests in growing businesses that have developed compelling solutions that address their customers’ needs. As those businesses grow and evolve, the opportunities and challenges that they face change with them. Principals at Serent Capital have firsthand experience at capturing those opportunities and navigating these difficulties through their experiences as CEOs, strategic advisors, and board members to successful growing businesses. By bringing its expertise and capital to bear, Serent helps growing businesses thrive. For more information on Serent Capital, visit www.serentcapital.com.