Axiom GRC expands to Canada with MHM acquisition

Axiom GRC, a London-headquartered governance, risk, and compliance (GRC) consulting firm, has entered the Canadian market with the acquisition of MHM, a Calgary-based GRC assurance firm.

Founded in 2020 and led by CEO Mark Mandel and principal Joe Costa (both former PwC partners), MHM specializes in cybersecurity audit framework solutions. The first Canadian firm to be accredited to deliver ISO 42001, MHM provides ISO and SOC advisory, readiness, and attestation solutions to SMEs and mid-market clients in North America.

MHM has 16 employees listed on LinkedIn.

Axiom GRC will enter the Canadian market shortly after expanding into the US market in November 2025 via the acquisition of IS Partners, a Philadelphia-based provider of cyber assurance and compliance services. MHM will work in tandem with IS Partners, bringing an established Canadian client base and capabilities in cybersecurity certification, risk, and compliance expertise.

“MHM provides meaningful scale to Axiom’s North American presence in the GRC assurance market and creates real opportunity to accelerate growth across Canada and wider North America market. With MHM comes an experienced and engaged team of specialists, enabling us to continue building out the leading North American GRC assurance platform,” said Alex Dacre, CEO of Axiom GRC.

The MHM deal is Axiom’s seventh since its 2024 carve-out by private equity firm Inflexion. Axiom was initially founded in 2019 by Marlowe PLC, a UK-based provider of safety and regulatory compliance services and software.

Axiom has 1,500 people in the UK and North America and works with large businesses such as Walmart, Sony, and Shell Energy, as well as government organizations such as NHS England.

The firm provides advisory and technology services in health and safety, HR compliance, environmental risk, cybersecurity, assurance, enterprise risk, eLearning, and supply chain compliance.

“Becoming part of Axiom GRC and joining the IS Partners’ team gives us the opportunity to expand the services we can offer our customers and broaden our reach into global markets. We were attracted to Axiom GRC because of our shared values, with quality and expertise at the core of everything we do, and with Axiom’s support, we’re confident in the value we can continue to deliver to our clients in this next chapter,” Mandel said.