• The facility will be used to replace an existing loan, whilst creating additional working capital headroom
• This showcases AFC’s ability to provide highly tailored working capital facilities alongside cashflow loans within short timeframes

London, May 22, 2026 – AURELIUS Finance Company, the Private Debt segment of AURELIUS, has delivered a highly bespoke £19.5m facility to Ascenti Health Group, refinancing an existing facility and creating new working capital headroom to support the Group’s exciting growth plans.

The new facility comprises a highly tailored receivables financing facility, alongside a cashflow loan designed to deliver the optimum level of liquidity, as part of the refinancing of a strongly performing and well-invested, sponsor-backed business.

Ascenti is the UK’s largest independent provider of physiotherapy, psychotherapy and disability assessments, operating a national network of more than 300 clinics and employing around 1,000 clinicians and support staff. With its scale unmatched in a fragmented market of more than 6,000 physiotherapy practices in the UK, Ascenti enjoys strong competitive positioning and superior reach. A further point of differentiation is the Group’s proprietary digital app and triage platform, a capability not widely available in the market, and highly valued by its client base. Its services span private medical insurers, the NHS, occupational health, medico-legal rehabilitation, and government-contracted disability assessments.

“We’re delighted to partner with the team at AURELIUS Finance Company as we embark on the next stage of our growth strategy. The senior team at AFC were involved from the outset and listened carefully to our requirements and growth aspirations. They were then able to structure a facility which supports our long-term objectives and will play an important role as we continue to profitably scale our business,” said James Clifford, Ascenti’s CFO.

James Marler, Director and Head of New Business at AURELIUS Finance Company, added: “Ascenti is a strongly performing, well invested business, which we’re delighted to welcome to our portfolio. To properly fund its unique working capital requirement, it was important that our facility could provide funding against a broad range of receivable types. Alongside conventional receivables, it was vital that our facility could generate funding against a pool of longer term, more contingent receivables as well as accrued income. Providing a solution which delivers the optimum level of liquidity headroom against this backdrop was an exciting structural challenge for us, and we are proud to have been able to do so quickly and in a way which is 100% tailored to the requirements of our newest client.”

AURELIUS Finance Company was advised by Addleshaw Goddard (Legal). Ascenti was advised by McDermott Will & Emery (Legal) and Grant Thornton (Debt Advisory).

ABOUT AURELIUS FINANCE COMPANY

AURELIUS Finance Company, the Private Debt segment of AURELIUS, is an independent direct lender and one of the leading private debt players in the UK market, focused on providing capital to mid-market companies across the UK, Ireland, the Netherlands, USA and Canada. It provides clients with an alternative to mainstream banks, with commercial, flexible and supportive lending solutions across the whole capital structure. Founded in 2017 and headquartered in London, its team of 14 specialists has deployed more than £500m of capital to over 40 clients, across a broad range of industries and situations.

AURELIUS Finance Company media contact:

Harald Kinzler
Head of Communications
harald.kinzler@aurelius-group.com
+44 7785 722 191