Invest.
Capital with an operating plan. Capital backed by an operating and technology plan.
The return model has changed
Private equity can no longer rely on rising valuations and inexpensive debt. A typical deal now needs roughly twice the earnings growth it did a decade ago, so capital has to be committed with an operating and technology plan attached.
Annual EBITDA growth a typical deal now needs to deliver historic returns, against 5% in the 2010s.
Bain and Company, Global Private Equity Report 2024Of returns on 2010 to 2022 deals came from leverage and multiple expansion, tailwinds that have now ended.
Bain and Company, Global Private Equity Report 2024Average buyout holding period at exit, up from five to six years in 2010 to 2021.
Bain and Company, Global Private Equity Report 2026What we deliver
Capital with an operating plan: the services within this step.
Acquisitions and buyouts
Control investments in businesses with clear operating potential.
Growth and minority capital
Capital for owners who want a partner, not a buyer.
Founder succession
A considered route for owners planning their exit or next chapter.
Corporate carve-outs
Separating a business from its parent and standing it up on its own.
Value-creation underwriting
Operational and technology due diligence, so the plan is built before completion.
Who this is for
Evidence from the market
Published results from other organisations. Not North Axiom results.
of private equity returns on 2010 to 2022 deals came from multiple expansion and cheap leverage, tailwinds that have now ended.
StepStone analysis cited in McKinsey Global Private Markets Report 2025, via Dealroomof deal teams and operating partners expect operational improvement to grow in importance over the next year.
Simon-Kucher, 2025 Value Creation Studyrank operational improvement as the main driver of the equity story, almost double buy-and-build at 20%.
Simon-Kucher, Private Equity Value Creation Study 2025Fill in: check each figure against its source before launch
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The North Axiom capabilities behind this service.
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Forward-looking statements, scenarios and estimates involve uncertainty. Actual outcomes may differ materially from those described.