CoBe Capital completes sale of AxiSource

Toronto, Ontario, Canada – CoBe Capital, a global private investment firm focused on the acquisition and management of non-core business units from large corporations, announced today that it has completed the sale of its portfolio company AxiSource. The holding company 1535633 Alberta Ltd., owned by an investment group, purchased the portfolio company. The financial terms of the transaction were not disclosed.

AxiSource is a Canadian business-to-business office supplies distribution company headquartered in Toronto that CoBe Capital originally acquired from Office Depot in 2009.

“We are very thankful of the hard work of AxiSource management. This marks an exciting new chapter for AxiSource,” said Neal Cohen, Founder and Managing Director at CoBe Capital.

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