TowerBrook Delta, the Impact Fund of TowerBrook Capital Partners, has announced its fifth platform investment in Axil, a UK-based resource management firm specializing in waste reduction, recycling, and resource recovery solutions across Europe. This investment aligns with Delta's commitment to resource sustainability and comes as the fund experiences positive momentum, having closed in 2024 with assets under management totaling $525 million.

Delta has previously made four successful investments, all of which are performing well. Envevo, an electric vehicle infrastructure provider, has expanded internationally and diversified its operations since partnering with TowerBrook in 2023. TXO, an international telecom infrastructure company, has nearly tripled its revenue since TowerBrook's investment, pursuing a global consolidation strategy. AQUAchiara, a French filtered water solutions provider, has achieved over 30% revenue growth annually for the past three years and plans to expand further with TowerBrook's support. LiftWerx, a Canadian wind turbine maintenance provider, is experiencing over 40% year-on-year growth, driven by its innovative technology.

Axil's business model focuses on maximizing the recycling and reuse of industrial waste, which helps conserve natural resources and reduce emissions. By promoting a circular economy, Axil aims to lower carbon emissions and generate positive environmental outcomes, aligning with Delta’s Resource Sustainability pillar and the United Nations Sustainable Development Goals (UNSDGs) 9, 11, and 12.

As global resource scarcity increases and supply chains become more complex, the importance of resource sustainability is heightened. In Europe, stricter regulations and rising disposal costs are pushing for greater resource sovereignty. Axil's innovative solutions assist businesses in minimizing waste, improving recycling rates, and reducing operational costs.

With a remarkable 43% revenue compound annual growth rate (CAGR) over four years and approximately 70% year-on-year EBITDA growth, Axil exemplifies the high-growth potential seen across Delta's portfolio. Tom Redpath, the European lead for TowerBrook Delta, expressed enthusiasm about the investment, highlighting Axil's innovative approach to waste management and its alignment with Delta's investment themes.

Redpath noted that the timing of the investment is ideal, given the strong performance of Delta's existing investments, which have benefited from TowerBrook's support in both organic and inorganic growth initiatives. He emphasized the ongoing demand for innovative services and technologies that contribute to sustainable supply chains while enhancing business resilience and profitability.

TowerBrook Delta's partnership with Axil aims to support the firm's growth aspirations while maintaining its award-winning culture. This investment reflects TowerBrook's strategic focus on identifying high-impact opportunities that align with enduring economic and behavioral trends in resource sustainability.