Corsair Capital acquires Axo.

Corsair Capital, a leading private equity firm acquires Axo, a leading distributor of financial services products. Financial terms were not disclosed. Axo’s approach enhances the consumer experience through market-leading acceptance rates and terms, and adds value for its banking partners by lowering customer acquisition costs and broadening their reach. In recent years, Axo has bolstered its digital capabilities and is now a sector leader in digital marketing. "We look forward to working closely with Carl, Morten and the rest of the Axo team to support their continued expansion to become the leading Nordic distributor of innovative financial services products.” Derrick Estes, Corsair Managing Director.