Axon Partners Group has sold its stake in Deudafix, one of Spain’s leading providers of technology-enabled solutions for debt management and other financial services for individuals, fully exiting an investment it had held since 2023 through its Axon Innovation Growth Fund, as part of its growth investment strategy. Under the transaction, Alantra Private Equity acquires a majority stake in the company, replacing Axon as its private equity partner. Deudafix co-founder and Chief Executive Officer Matthew Osborn will continue to lead the company, retaining a significant equity stake, as it begins its next stage of growth alongside Alantra PE.
Founded in 2019, Deudafix helps thousands of individuals regain financial stability through technology-enabled debt management, restructuring solutions, and complementary financial products and services. Since Axon’s investment, the company has grown into one of Spain’s leading platforms of its kind, generating c.€40mn in annual revenue, employing more than 250 professionals and serving tens of thousands of customers each year, consolidating the kind of scalable, technology-led growth that sits at the core of Axon’s investment thesis. With Alantra PE now on board, Deudafix will pursue its next phase of growth through investment in artificial intelligence and automation, the expansion of its debt management platform, the launch of complementary financial products and services, selective acquisitions, and international expansion, initially focused on Southern Europe.
Axon invested in Deudafix in November 2023, in a deal it sourced directly and bilaterally, drawn by the opportunity to back a technology-enabled platform that had built a highly automated case-processing engine for an emerging vertical (individual debt restructuring procedures) supported by favourable regulatory tailwinds. Since then, Axon has worked closely alongside Matthew Osborn and the management team to support the company’s growth, including strengthening its finance function with the hiring of a Chief Financial Officer and helping the company put in place more efficient financing to underpin its expansion. Axon also led the structuring and execution of the competitive sale process that has now resulted in Alantra PE’s investment in the company.