TowerBrook completed the acquisition of a majority stake in Axil.

TowerBrook, an investment management firm, completed the acquisition of a majority stake in Axil, a British resource management company focused on the recycling and reuse of manufacturing and industrial waste. Financial terms were not disclosed. "We are excited to welcome Towerbrook as our partner as we share the same enthusiasm and energy to improve the environmental performance of our customers. Our teams share many common values, and we look forward to continuing our track record of growth with their support," Edward Pigg, Axil Managing Director.