Sorenson Capital has acquired a stake in adhesives maker Axiom Materials Inc. Yukon Partners, which provided mezzanine capital, also participated in the transaction. Financial terms were not disclosed.
Axiom, founded in 2009 and located in Orange County, California, produces film adhesives and primers. The target serves the aerospace and defense, automotive, industrial, medical devices and electronics sectors. “We are now aligned and capitalized to accelerate our long-term strategic goals and ultimately reach our highest potential,” says Axiom founder Johnny Lincoln.