Lee Equity Partners completed the investment in Axis Insurance.

Lee Equity Partners, a middle-market private equity firm that partners with businesses in the financial and healthcare services sectors, completed the investment in Axis Insurance, a provider of local, national, and international clients with risk management and insurance services with a focus on specialized risks. Financial terms were not disclosed. “Axis Insurance is an emerging leader in specialty commercial insurance with an impressive track record of growth. There's great potential for the Company to become a leading, national broker in the Canadian market," Mark Mauceri, Lee Equity Partner.