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Case Study

Prudential Private Capital provides debt financing to Airedale Group in support of shareholder buyout

Airedale Group (“Airedale”), headquartered in Cross Hills, North Yorkshire is a leading UK-based value-add distributor and manufacturer of specialty and commodity chemicals, differentiating itself with excellent customer service.

Case Study

Prudential Private Capital provides debt financing to Airedale Group in support of shareholder buyout

Airedale Group (“Airedale”), headquartered in Cross Hills, North Yorkshire is a leading UK-based value-add distributor and manufacturer of specialty and commodity chemicals, differentiating itself with excellent customer service.

At a Glance

Airedale serves a broad range of end markets including water treatment, chemical manufacturers, and food & beverage. The Company is a longstanding family-owned business, founded in 1973.

In December 2023, Prudential Private Capital provided debt financing to complete a shareholder buyout, facilitating the exit of several retiring and passive shareholders, consolidating the shareholding of Chris Chadwick, Executive Chairman, and continuing members of the management team.

Relationship Since 2023

Transaction details:

Senior Term Loan
Revolving Credit Facility

“The selection of Prudential as our financial partner has achieved the shareholder buyout and puts us in a strong position to deliver our strategic growth in the coming years. Our strong family heritage, independence and commitment to our customer and supplier relationships differentiates us from others in the market and makes us an attractive partner for Prudential.”

Chris Chadwick, Executive Chairman Airedale Group

The Full Story

Prudential was chosen as the financing partner to support Airedale given our long-term, relationship-focused approach, ability to provide follow-on funding for M&A and growth projects, and our experience in supporting family-owned businesses in their ambitions.

We are excited to formalize our relationship with Airedale through this investment, and we look forward to continuing to support the business into the future.

‍

“Airedale is a very well-regarded operator in the chemicals sector with ambitious growth plans, and we are delighted to be supporting Chris, Richard, Craig and the wider Airedale team in the next stage of their journey. This transaction highlights our capabilities to provide flexible, patient capital to fund transformational events for private, family-owned businesses with strong and experienced management teams.”

Adam Shield, Vice President Prudential Private Capital

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Meet our team

Adam Shield heashot

Vice President

+44 207 621 8435

Yorkshire, North East, North West, & London

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