Pemberton has provided a financing package to support the refinancing of Pure Cremation and Epiris’ sale of a structured minority interest to Centerbridge Partners. Founded in 2015, Pure Cremation is a leading provider of prepaid funeral plans in the UK and a pioneer in the market for direct cremations, which offer a simpler, more affordable alternative to traditional funerals.
Under the transaction, Epiris will sell a structured minority stake to Centerbridge Partners, which will invest through a combination of debt and equity instruments. The transaction is subject to regulatory approval and expected to close in the first half of 2026.
Under Epiris’s ownership, Pure Cremation has strengthened its position as a market leader. We are pleased to support the company’s refinancing and new partnership with Centerbridge Partners, and we look forward to continuing our collaboration with Dean Lamble, CEO, and the rest of the management team as the business moves into its next stage of development.
Tom Jervis, Director, Origination
