Axcel completed an investment in BullWall.

Axcel Private Equity, a private equity firm, completed an investment in BullWall, an IT services provider. Financial terms were not disclosed. "We’re very well positioned to address the big threat of ransomware attacks in society, and we see great opportunities in the market for continued future growth. With Axcel as our new majority shareholder, we have a strong partner and the backing that will enable us to scale our business rapidly and win the market for ransomware software," Michael Slipsager, BullWall CEO.