Our Corporate Finance team provides transaction support to Axiom Equity on its investment in Joblogic

Our Corporate Finance team recently provided financial due diligence and tax advice to Axiom Equity, a specialist B2B technology growth equity investor, on its £60 million investment in Joblogic, a leading field service management software provider.

Joblogic offers field service management solutions that are designed to streamline workflows, improve customer service and increase profitability in the service and maintenance industry.  Its suite of products includes job scheduling, asset monitoring, CRM, live tracking, mobile apps, quotations, and business intelligence. Serving a variety of industries, including facilities management, HVAC, plumbing, electrical maintenance, and fire and safety, Joblogic employs more than 200 people and is headquartered in Birmingham, UK.

The investment by Axiom will provide Joblogic with additional resources to further develop its software and provide even more value to its diverse customer base. The company’s co-founders, James Whatmore (CEO) and Yacoob Moolla (COO), will remain majority shareholders and Axiom Equity will join the Joblogic board.

“We are proud of what we have achieved to date and are excited to partner with Axiom and their operating advisers on the next phase of our growth journey. With their support, Joblogic is poised to become one of the global leading field service management software companies,” said James Whatmore, CEO of Joblogic.

Jonathan Organ of Axiom Equity commented, “We were immediately impressed when we met the Joblogic team and saw the product. We knew that we wanted to back James and Yac with more than just capital and cannot wait to see what they and the Joblogic team will achieve with the resources at their disposal.”

Brad McAvoy, Corporate Finance Partner at James Cowper Kreston said, “We were delighted to work with Jonathan, Ed and the team at Axiom Equity on their investment in Joblogic. With the support of Axiom, we look forward to seeing Joblogic achieve its growth potential and expand its global market position.”