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Inciner8 set for accelerated growth following private equity buy out

Chiltern Capital has completed a multi-million-pound investment in Inciner8 to back a management buy-out from its founder.

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November 8 2020
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Private equity house, Chiltern Capital, has completed an investment in a leading waste management incinerator manufacturer with support from a multi-million-pound lending facility from Shawbrook Bank. Inciner8 Ltd, based in Southport, Merseyside, was acquired by Chiltern in a deal that will enable the business to capitalise on its strong market position as well as grow its product range, service offering and global reach, said Shawbrook.

Inciner8 designs and manufactures incinerators for a range of uses across the waste management industry, supplying incinerators to corporate, government and non-governmental clients globally.

“Speed, certainty and flexibility are three essentials we look for in any funding solution and Shawbrook expertly delivered on all three. We are investors in ambitious businesses and Shawbrook’s recognition of Inciner8’s potential made working with them the obvious choice,” said David Butler, Investment Manager at Chiltern.

Chiltern’s acquisition was supported with a multi-million pounds unitranche loan, including an additional revolving credit facility, provided by Shawbrook Bank, which has a proven track record in providing streamlined leverage funding of up to £20m for financial Sponsors investing in UK SMEs.  

“We are delighted to bring our own expertise and specialist knowledge to the table in providing funding for an ambitious sponsor and innovative UK SME,” said James Salmon, Director within Shawbrook’s Financial Sponsors team. “Inciner8 has an enviable track record providing innovative incineration products for the global waste management industry. Its global potential is outstanding, and we are delighted to be supporting its continued success and growth.”


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