- Travel Center
Entertainment - Manhattan Town Center
- BYMCU
- New England Printing Co.
- Newpro
- Infinity Tapes
- Bluestone Properties
- Sarni Cleaners
- Gateway Enviroservices
- Fuel Distribution Co.
- Hospitality Management Co.
- AdvanSource Biomaterials
- SourceCode
- Recycling Waste Co.
- Pharmasol
- Kingsbury Club
- Choice Distribution
- Jewell Instruments
- Hotel Co.
Travel Center Entertainment
Axiom was originally engaged to assist the second generation owner of a small Jacksonville, FL-based amusement machine operator (Travel Center Entertainment) to acquire its competitor, a much larger entity based in Atlanta, GA (Corey Entertainment). Axiom negotiated the approximate $6 million acquisition price and financed it with a combination of buyer equity, seller financing and an SBA guaranteed bank loan.
One year following, Axiom was again engaged by TCE to negotiate and finance the acquisition of Virginia - based Truck Stop Games, LLC. At the time, Truck Stop Games was the largest amusement machine operator in the country and Travel Center Entertainment’s closest competitor. The $20 million acquisition was financed primarily with financing from a New York based hedge fund. Axiom assisted in the integration plan post-closing and retained a seat on the combined companies’ Board of Directors.