Osborne Clarke advises Regen Holdings on the sale of Axil to TowerBrook

International legal practice Osborne Clarke has advised Regen Holdings on a sale of its majority stake in Axil (a sustainable waste management and recycling company) to investment firm TowerBrook.

TowerBrook and Axil's partnership will help to drive smarter waste management solutions and support businesses in achieving their sustainability goals, while creating long-term value for clients.

Osborne Clarke's team was led by corporate Partner David Ferris who commented: "It was a pleasure to work with Richard Priestley and the Regen team to support this transaction through to a successful conclusion."

James Astor, Executive Chair of Regen Holdings, commented: “David and his team brought a practical, creative and commercial approach to this deal which was instrumental in delivering a successful outcome for all stakeholders.”

David Ferris was supported by Osborne Clarke's broader team including James Mackay and Shauna Poole, while Tracey Wright, Helena Zaba and Elleze Francis advised on tax matters.

Independent corporate finance advisory house Opus Corporate Finance also advised Regen Holdings.

Osborne Clarke's corporate team is a go-to practice for companies in the energy and energy transition sectors. Its clients range from global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.