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WorkNest becomes part of Axiom GRC
Chester-based employment law, HR and health and safety specialist, WorkNest, is now part of global business resilience platform Axiom GRC.
A first of its kind in the industry, Axiom GRC is the result of an integration of different GRC capabilities28 specialist firms to offer the most comprehensive Governance, Risk and Compliance (GRC) solution on the market.
The new platform provides a single gateway to high-quality technology and expert advice, making it easier for both SMEs and enterprises to navigate complex regulations and manage all their GRC responsibilities.
Axiom GRC has been formed from the 2024 £430 million acquisition of Marlowe PLC’s risk software and services division by leading European private equity firm Inflexion in 2024. It launches with over 50 compliance products, 540,000 clients and 52 million users.
WorkNest – previously part of the Marlowe PLC division – exemplifies Axiom GRC’s aim to combine cutting-edge software with deep human expertise to enable responsible and sustainable growth for every type of business. Its team is now part of Axiom GRC’s group of companies, which comprises 1,200 highly qualified professionals.
Through its companies, Axiom GRC supports businesses of all sizes across every aspect of compliance and risk – including health & safety, employment law, environmental risk, cyber security, ISO certification, enterprise risk, eLearning, and supply chain compliance.
Alex Dacre, CEO, Axiom GRC
Alex Dacre, CEO of Axiom GRC, said: “The burden of responsibility on businesses is greater now than it has ever been. A volatile global landscape, a more litigious society, and greater scrutiny of corporate responsibility compound the situation facing employers in the UK and internationally. The opportunity for a market-leading, full-service GRC platform for companies of all sizes and across all sectors was clear and this attracted our strong private equity backing.”
Other companies in Axiom GRC include compliance eLearning specialist VinciWorks, ISO certification specialist IMSM, and cyber security and data protection specialist Bulletproof.
On Axiom GRC’s growth plans, Alex said: “As one of the longest-standing and most heavily regulated economies in the world, the UK has a strong heritage in GRC. Other territories are playing catch up with the GRC solutions and the calibre of advice, experience and tools we have here. We plan to take our sophisticated technology and services international, including continued growth in North America where we have a strong foothold already.”
Inflexion’s investment will enable Axiom GRC to continue scalingto scale its companies, including WorkNest, and achieve its aim of being the internationally recognised GRC platform of choice and the gold standard for business resilience.
For more information about Axiom GRC visit axiomgrc.com