Pemberton backs refinancing of UK building materials group Ashcourt
What's the deal? PembertonDealroom has a profile for this one. Try Dealroom → has provided a financing package to support the refinancing of the Ashcourt GroupDealroom has a profile for this one. Try Dealroom →, a vertically integrated building materials and waste management platform. The debt deal, announced in August 2026, will refinance existing debt and fund Ashcourt's ongoing growth.
What's the endgame? Founded in 2009, Ashcourt combines virgin and recycled material supply, waste handling and disposal, and general contracting services. It operates a network of material-handling sites and quarries, and has been backed by VerdaneDealroom has a profile for this one. Try Dealroom → since 2025.
Why now? The refinancing follows what Pemberton described as strong momentum built over recent years. "We're pleased to support Ashcourt and Verdane through this next stage of growth, and this deal marks the start of what we expect to be a meaningful partnership," said Tom Jervis, director of origination at Pemberton.
The signal: Private credit continues to fill financing gaps for mid-market platforms, particularly in circular-economy sectors combining recycled materials and waste management.
Read more: pembertonam.com
Image credit: Neuwieser
