Liberty Ridge Advisors Announces the Sale of AXI Education Solutions
FOR IMMEDIATE RELEASE
SEATTLE, WA—January 5th, 2022—Liberty Ridge Advisors, LLC is pleased to announce a new deal with two education technology leaders joining forces to start the New Year. Trafera has purchased AXI Education Solutions, in which Liberty Ridge Advisors acted as the exclusive financial advisor to AXI. Both companies have a suite of innovative ed-tech products available for future-leaning educators looking to support learning with technology. Technology in the classroom is the new gold standard for American educators.
Here’s what the founder of AXI, Dale Viola, had to say about working with Liberty Ridge Advisors: “After being referred to Liberty Ridge, I don’t believe I could have selected a better investment bank to work with through this transaction. They operated with excellent deal execution and great communication throughout the process. I am delighted with the outcome.”
Dale Viola went on to say this about Trafera, “They really understand and appreciate the technology challenges faced by educators and district IT leaders today. I’m thankful that our customers and employees will have the opportunity to be part of an organization that shares our commitment to improving student outcomes through technology.”
Scott Gill, CEO of Trafera says, “Bringing together Trafera and AXI will help us bring even more value to our school district partners. AXI’s talented team has earned the trust of their customers with a focus on Promethean interactive displays. Coupled with their exceptional professional development platform and stellar installation services, I’m excited to welcome the AXI team to Trafera and look forward to growing together.”
About AXI Education Solutions
AXI is headquartered in Madisonville, LA and is the only dedicated education technology provider in the mid-south states. AXI provides educators with cost effective, integrated hardware, teaching software, curriculum resources and true professional development customized for school and educator needs. Their motto is “Technology needs to work like the lights.” They’re already in 31,000 connected classrooms. Visit axiedu.com for more.
About Trafera
Trafera is a leading provider of educational technology to K-12 schools and a top K-12 focused reseller of Google Chrome devices. Trafera offers a broad range of additional hardware and software solutions that support better outcomes through technology and also offers a robust set of services including deployment and warranty support. Based in St. Paul, MN, the company also has operations in Arden Hills, MN, and Muskogee, OK supporting the needs of school districts nationwide. Visit www.trafera.com for more.
For more information about this transaction, please contact the Liberty Ridge Advisors deal team:
Michael Bennett Leif Johnson
Managing Partner Managing Partner
mbennett@libertyra.com ljohnson@libertyra.com
About Liberty Ridge Advisors
Liberty Ridge Advisors provides merger and acquisition advisory services for Pacific Northwest privately held businesses including capital transactions, mergers, acquisitions, and recapitalizations. Liberty Ridge Advisors offers concentrated experience and expertise in key industries including food products, aerospace, building materials and construction, general manufacturing and distribution, wine, and business and financial services. For more information about Liberty Ridge Advisors please visit our website at www.libertyra.com.
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Investment Banking Services and Securities offered through Independent Investment Bankers Corp. a broker-dealer, Member FINRA/SIPC. Liberty Ridge Advisors, LLC is not affiliated with Independent Investment Bankers Corp
Contact:
Michael Bennett, Managing Partner, Liberty Ridge Advisors, LLC
Email: mbennett@libertyra.com
Phone: (206) 422-0102