Waste management firm with site in Cannock 'poised for growth' after new investment

The firm, which runs a waste logistics and transfer station on Walkmill Lane in Cannock, says the move marks a "significant milestone".

“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," said Edward Pigg, Managing Director at Axil.

"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.”  

TowerBrook says its backing is designed to support Axil's growth, strengthen its market presence and expand its service offering.

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’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."