Axon Global

	*IT/Professional Services* M&A: Buy-side and Sell-side 2006 – 2008

Situation:

In 2006 Axon was a $100 million SAP consulting firm headquartered in London and with all European business
CHILDS consulted with Axon senior management about a U.S. acquisition approach and roadmap and was hired to execute the plan

Process:

CHILDS contacted over 200 buy-side targets from July 2006 to July 2008
As the company grew to $400 million in sales we helped advise them on exit alternatives

Result:

We closed six acquisitions for the company totaling approximately $150 million in revenue
We assisted the company in its sale to HCL for $660 million, a 100% increase in market value from the beginning of our engagement

The CHILDS Difference:

We acted as a strategic partner to Axon helping them develop a winning strategy, executing that strategy and effecting a successful sale
Our credibility and knowledge in the space allowed us to most effectively deal with acquisition prospects and structure win-win deals