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Greenwoods completes landmark deal for the UK’s fastest-growing waste management and recycling company!

Stephen Jarvis, Philippa Sturt, Claire Banks, Francesca Jus-Burke, and Isobel Ryan-Dalton of our Corporate & Commercial team, Micheala Drazek, Keith Williams and John Macaulay of our Employment team and our Tax specialist Roger Harding were delighted to have acted on behalf of the management team of Axil Integrated Services Limited (Axil) and its group of companies as TowerBrook Delta, an international investment management firm, became majority shareholders.  The transformative deal completed on Thursday 27 March 2025.

Axil specialises in total waste management with sustainability in mind by creating practical solutions for its customers and to set new industry standards to minimise environmental impact.  Axil has been featured in the ninth edition of the FT1000: Europe’s Fastest Growing Companies 2025 ranking.

Edward Pigg, Managing Director of Axil, said: “The support and advice we had from the Greenwoods team was excellent and it allowed us to navigate a complex transaction with relative ease.  Philippa, Claire, Isobel and Stephen became a virtual part of the Axil team during the process and were always one step ahead, regardless of the time of day or night.”

Philippa Sturt, Partner, Corporate & Commercial, said: “It was a pleasure to advise the management team and see them achieve an excellent result.  We have every confidence that the new investment from TowerBrook will support the company to grow from strength to strength.”

Stephen Jarvis, Partner and Head of our Corporate & Commercial team, said: “I’m delighted we’ve brought this deal to completion for our client.  It was truly a team effort, despite the tight deadline, we pulled together along with experts from departments across the firm to get the transaction over the line and achieve a great outcome for all involved.”

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This update is for general purposes and guidance only and does not constitute legal or professional advice. You should seek legal advice before relying on its content. Greenwoods Legal LLP is a Limited Liability Partnership, registered in England, registered number OC306912. Our registered office is Queens House, 55-56 Lincoln’s Inn Fields, London, WC2A 3LJ. A list of the members’ names is available for inspection at our offices in Peterborough, Cambridge and London. Authorised and regulated by the Solicitors Regulation Authority, SRA number 401162. Details of the Solicitors’ Codes of Conduct can be found at www.sra.org.uk. All instructions accepted by Greenwoods Legal LLP are subject to our current Terms of Business. VAT Reg No: 161 9287 89.




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