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Featured Mergers, Acquisitions, and Capital Raise Transactions Closed via Axial
Kayne Anderson Capital Partners Invested in Elevate Services
- Date June 18, 2019
- Transaction type Growth Equity
- Industry Business Services, Legal Services
Elevate today announced it has secured a $25 million minority investment from Kayne Partners to scale operations to meet increasing customer demand and to enhance its Cael enterprise legal management software. Axial introduced Kayne to Elevate in September of 2017 at the Los Angeles Summit. Both firms are headquartered in Los Angeles. Middlemarch Partners, through its subsidiary Middlemarch Securities, LLC, served as the financial advisor to Elevate in the Kayne Partners transaction.
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