• Who-we-are-banner

    News

Charles Russell Speechlys advises IFS on acquisition of Axios Systems

Charles Russell Speechlys has advised global enterprise software company IFS on its acquisition of Axios Systems PLC, a global provider of cloud-based Enterprise Service Management (ESM) software.

For over 30 years, Axios Systems has been committed to helping customers achieve business success through the effective and efficient management of their IT services and systems. Recognized as a leader in IT Service Management (ITSM) and IT Operations Management (ITOM), Axios Systems has built a reputation for the quality of its omnichannel service management solution, which many of the world’s most respected brands rely on, including: Aviva, KPMG, FedEx and many more.

Over the years, IFS has significantly invested in its Service Management business, which grew over 100 percent year on year in 2020. The acquisition of Axios Systems adds further depth to IFS’s capabilities with new ITSM and ITOM functionality that will help companies improve the design and automation of workflows, drive efficiency internally, and connect data across teams and systems to ultimately create opportunities to better serve its customers. The combination of IFS and Axios Systems is instrumental in extending IFS’s ambition to cement itself as the market leader in the Service space.

Fredrik vom Hofe, Group Senior Vice President at IFS said: "this acquisition is very significant for IFS. We are extending our Service Management proposition to help businesses address inefficiencies that can impact their ability to deliver delightful ‘Moments of Service’. On behalf of the IFS team I’d like to thank Mark Howard and his team at Charles Russell Speechlys for their support in navigating through the multijurisdictional legal complexities of the transaction with sound industry expertise, which proved mission critical to getting the deal done.

Mark Howard, Corporate Partner and joint head of TMT at Charles Russell Speechlys, said: “this has been a great collaboration for us in working with IFS. Both IFS and Axios are internationally recognised and respected as enterprise service management solutions, and are ideal strategic partners. We were able to field a team of cross-practice sector experts, as well as project manage 14 other local firms across our Global Network across Europe, Asia, the Middle East, USA and South America. We look forward to seeing IFS further strengthen its global market position.

The Charles Russell Speechlys team was led by Corporate Partner Mark Howard and Senior Associate Mo Wang, and included Alex Stevens, Jamie McMurray and Amy Shuttleworth (Corporate), Mark Bailey and Chris Ingram (Commercial), Andy Williams and Kelly Evans (Employment), Helen Coward and Anna Reynolds (Tax) and Mark White (Real Estate).

Our thinking

  • Women in Leadership: Planning for the future

    Sarah Wigington

    Events

  • City AM quotes Charlotte Duly on Tesco’s Clubcard rebrand after losing battle with Lidl

    Charlotte Duly

    In the Press

  • Arbitration: Getting value for your money

    Daniel McDonagh

    Insights

  • Portfolio Adviser quotes Richard Ellis on the FCA's first public findings against former fund manager Neil Woodford

    Richard Ellis

    In the Press

  • eprivateclient quotes Sally Ashford on considerations around power of attorney

    Sally Ashford

    In the Press

  • Michael Powner and Sophie Rothwell write for Law360 on anti-bias protection

    Michael Powner

    In the Press

  • Providing pro bono support on social housing issues

    Susan Field

    Insights

  • Charles Russell Speechlys Partner Promotions 2024

    Bart Peerless

    News

  • Has a new route to recovery opened up for victims of banking payment frauds?

    Katie Bewick

    Insights

  • Charles Russell Speechlys boosts its Real Estate offering with the arrival of Kim Lalli and Rafe Courage

    Kim Lalli

    News

  • Cosmopolitan quotes Sarah Jane Boon on how to deal with break-up admin

    Sarah Jane Boon

    In the Press

  • Property Patter: Building and Fire Safety Miniseries - part 1

    Michael O'Connor

    Podcasts

  • Sex discrimination at work

    Michael Powner

    Insights

  • Daniel Sullivan writes for Law360 on hundreds of 'rogue filings' being lodged via Companies House and advice for affected banks

    Daniel Sullivan

    In the Press

  • The Financial Times, The Guardian and City AM quote Sophie Dworetzsky and Dominic Lawrance on Labour’s proposed tax crackdown on non-doms

    Sophie Dworetzsky

    In the Press

  • The Lawyer covers the launch of our new Advanced Client Solutions team

    Joe Cohen

    In the Press

  • Charles Russell Speechlys expands innovation offering with creation of new Advanced Client Solutions team

    Joe Cohen

    News

  • Why Switzerland is poised to become a prime jurisdiction for families to establish their private trust companies

    Dharshi Wijetunga

    Insights

  • Thomas Snider, Reem Faqihi and Dalal Alhouti discuss the impact of technology on the arbitration landscape for Legal Community MENA

    Thomas R. Snider

    In the Press

  • The Evening Standard quotes Kelvin Tanner on Skilled Worker Visa increases

    Kelvin Tanner

    In the Press

Back to top