Cahill’s Private Credit Group Represents Direct Lender in AKW’s Acquisition of Mobility Bathing Group Limited

Cahill's Private Credit Group Represents Direct Lender in AKW's Acquisition of Mobility Bathing Group Limited

November 5, 2026

Cahill's Private Credit Group represented the direct lender in connection with a series of term credit facilities provided to AKW, a portfolio company backed by PennantPark, to finance AKW's acquisition of Mobility Bathing Group Limited.

The financing comprised a senior term credit facility, a working capital bridge facility and an acquisition capex facility.

Mobility Bathing Group Limited is a UK-leading specialist in accessible bathing solutions. Founded in 2016, the company designs, supplies and installs walk-in baths, walk-in showers and wet rooms in homes across the UK, with a focus on improving comfort, safety and independence for its customers. The company also offers expert installation, flexible finance and product warranties.

Houlihan Lokey (NYSE: HLI) is a leading global investment bank delivering independent strategic and financial advice across M&A, capital solutions, financial restructuring, and valuation.

The London-based deal team was led by Jeremy Duffy, partner and chair of the firm's European Leveraged Finance practice, and partner Nikolas Rodriguez, with support from associates Angus Young and Janice Ip.