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Daxko Accepts Majority Share Investment – No Plans to Move from Birmingham
Daxko is a Birmingham based company specializing in software for membership based organizations across the U.S. including YMCAs. They have recently accepted funding from GI Partners, a private-equity firm in California, for a majority share in Daxko.
“We have no desire to move and a big part of our goal from the beginning is to build a company of significance in Birmingham,” CEO David Gray said. “We’re really excited about building the company in Birmingham. Our desire and hope is we’re three or four times this size five years from now.”