The private equity push into New Law looks to be gathering momentum with Axiom Managed Solutions (AMS) in talks to arrange a sale to MML Capital Partners.
Legal Business has learned that the sponsor had been chosen as preferred bidder after AMS was put on the market earlier this year when the wider Axiom group unveiled plans to pursue an initial public offering (IPO). Though the value of a potential acquisition is unknown, MML buyout tickets normally range from €10m to €50m.
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