The financial terms of the transaction were not disclosed.

“The US is a key market for us, following the acquisition of Fitzgerald & Law in 2020 when we started to expand our corporate services reach to the US West Coast. Now, with the addition of Axelia Partners, we have a lead operation in the US for corporate services,” Ivo Hemelraad, ZEDRA chief executive, said. “The majority of Axelia Partners’ clients are European tech companies, so we see significant opportunities to extend the level of expertise and support we already offer to our international corporate clients.”

Last week, ZEDRA announced a strategic minority investment from British Columbia Investment Management Corporation, the Canadian institutional investment group. This investment was made in partnership with ZEDRA’s management team, led by chairman Bart Deconinck and CEO Ivo Hemelraad, and the company’s existing majority investor, Corsair, which remains the majority shareholder.