We have advised longstanding client Verdane on its partnership with Ashcourt Group Limited, a UK-based provider of waste management and sustainable construction materials.
Ashcourt Group has built a strong reputation as a reliable and specialist partner to the construction industry, with an established presence across Yorkshire, Lincolnshire and the North East of England. Through its modern processing facilities, Ashcourt Group has been at the forefront of driving greater adoption of recycled materials, managing the collection and sorting of waste streams from the construction and demolition sectors alongside commercial, industrial and municipal sources.
Verdane is a specialist growth equity investment firm. With this partnership, the company will support Ashcourt Group’s continued growth and broaden access to recycled and sustainable materials for the construction industry across the UK.
Reed Snyder, Principal at Verdane, said: “We greatly value Taylor Wessing’s expertise and commitment throughout this process. Their commercially minded advice and transactional expertise were instrumental in delivering a successful outcome for all involved. We look forward to working together again.”
Private equity partner and Head of M&A, Emma Danks, said: "This marks the third time this year we have supported Verdane on a transaction, and it is a relationship we are very pleased to continue to develop. The deal exemplifies our dedication to supporting clients in transactions that promote sustainability and innovation across key sectors in the UK.”
Private equity partner, Jonny Bethell, added: "We are delighted to have played a role in Verdane’s partnership with Ashcourt Group, which underscores the importance of responsible investment in sustainable infrastructure. This partnership will further advance environmental best practice within the industry.”
The Taylor Wessing team advising Verdane was led by Emma Danks (Partner) and Jonny Bethell (Partner) and included Alex Walker (Senior Associate), Omar Amin (Senior Associate), Callum McLean (Associate), Jordan Emery (Associate) and Evie Mason (Associate).
The wider team included:
- Banking & Finance: Martin Yells (Partner), Alexander Swayne (Senior Associate) and Damit Arachchige (Associate).
- Employment: Paul Callaghan (Partner) and Jordan Buckle (Senior Associate).
- Immigration: Charlie Pring (Senior Counsel) and Will Liebrecht (Associate).
- Pensions: Mark Smith (Partner) and Afshan Malik (Senior Associate).
- IP & Data Protection: Sian Skelton (Partner), Prachi Vasisht (Associate) and Mike Vallance (Associate).
- Real Estate: Matthew Jones (Partner), Emma Oakley (Partner), Emma Tait (Partner), Francesca Gibbs (Senior Associate), Tom Heathcote (Associate) and Katherine Chambers (Associate).
- Disputes & Investigations: Katie Chandler (Partner), Emma Allen (Partner), Helen Robinson (Senior Associate), Megan Howarth (Senior Associate) and Esha Marwaha (Associate).
- Tax: Liz Wilson (Partner) and Freddie Knottenbelt (Associate).
- Competition: Paolo Palmigiano (Partner) and Louisa Penny (Senior Counsel).
