TowerBrook, a purpose-driven investment firm, has made a majority investment in Corby-based Axil, the sustainable waste management solutions business.
With TowerBrook’s backing, Axil is poised for growth, strengthening its market presence and expanding its service offering.
TowerBrook, has invested in Axil through its Impact strategy, TowerBrook Delta which supports high-potential companies with impact at their core. This investment aligns with Axil’s vision of delivering sustainable waste management solutions that create positive impact.
Edward Pigg, Managing Director at Axil, said: “We’re excited to welcome Towerbrook as our partner as we share the same enthusiasm and energy to improve the environmental performance of our customers.
“Our teams share many common values, and we look forward to continuing our track record of growth with their support. What impressed the Axil team during the shareholder transition was the level of engagement and interest demonstrated by Towerbrook with our staff at all levels.”
Tom Redpath, Head of Europe at TowerBrook Delta, added: “We are delighted to partner with Axil. Axil is a great example of the deep thematic work we do in TowerBrook Delta to find high growth, high potential, high impact businesses with great teams underpinned by enduring economic and behavioural demand.
“Axil sits within Resource Sustainability, one of our six key global investment pillars. As global resource scarcity rises, raw material costs increase, and supply chains grow more complex, this area is more critical than ever. In Europe, stricter regulations, higher disposal costs, and limited access to raw materials are driving a stronger push for resource sovereignty.
“Axil’s innovative resource management solutions help businesses reduce waste at source, improve recycling rates, and lower operational costs. Exceptional ROI and NPS have fuelled strong growth, creating a solid platform for the future.
“From the outset, there was real energy and chemistry with Ed and the Axil team. They embody what we seek in a partner – high-performing, high-potential, high-integrity, with low ego and a relentless drive for growth and improvement.
“We are delighted to support their growth aspirations, while maintaining their award-winning culture.”
The sellers were advised by Opus Corporate Finance.
