Brookvent unlocks fresh capital from Upstream in future growth focus

Pictured (l-r) are Brookvent’s Financial Controller Dara Edwards, Jonathan Moore General Manager, and Upstream ABL Relationship Manager Alastair Gracey.

Upstream ABL supports leading Northern Ireland ventilation specialist to drive long term strategic growth.

At Brookvent, we’re proud to announce a significant milestone in our growth journey with the successful securing of a new asset-based lending facility from Belfast-based specialist lender, Upstream ABL. This strategic funding package will empower us to accelerate our long-term ambitions for innovation, export growth, and global market expansion.

As a leader in the design and manufacture of energy-saving ventilation systems, Brookvent has always been committed to pushing boundaries—whether through product innovation, international expansion, or operational excellence. This new funding facility is designed to unlock value from our existing balance sheet assets, giving us the financial agility to seize new opportunities in an increasingly dynamic and competitive global marketplace.

Founded over 40 years ago in Dunmurry, Northern Ireland, we have continually evolved our offering to serve leading housebuilders and developers across the UK and Ireland. Today, our focus is on building a truly international business, supported by major investments in production and distribution infrastructure in Poland, and a growing sales presence in Spain, Germany, and the Benelux region.

This partnership with Upstream ABL comes at a pivotal moment for Brookvent. Following the appointment of Tomasz Kowalski as Group Chief Executive—formerly Managing Director of Brookvent Polska—and Declan Gormley transitioning to the role of Executive Chairman, we are entering a new chapter focused on sustainable expansion, product innovation, and customer-centric growth.

Welcoming the partnership with Upstream ABL, Brookvent Executive Chairman, Declan Gormley, said:

“We’ve enjoyed a solid working relationship with Upstream for many years and we were excited by the potential opportunities which Asset Based Lending (ABL) could provide for our business. By unlocking the potential of our balance sheet assets, we now have the funding and flexibility to move much more quickly in a highly competitive environment to seize opportunities for growth.”

Upstream ABL, backed by London-based Pollen Street Capital, brings deep expertise and a bespoke approach to structured lending. Their support enables businesses like Brookvent to unlock capital tied up in property, machinery, stock, and receivables—fuelling growth with tailored funding that adapts to our needs.

Alastair Gracey, Relationship Manager at Upstream ABL, said:

“We’re delighted to partner with Declan and the team to support their continued growth and success with a bespoke Structured ABL solution which allows the business to leverage underutilised assets, providing Brookvent with the cash flow that creates opportunity and flexibility for every business cycle, and which can be drawn down when they need it.

This funding facility was carefully considered and developed to the exacting needs of Declan and the team. We wish them continued success.”

At Brookvent, this is more than just funding—it’s a partnership that underlines our commitment to sustainable innovation, operational excellence, and long-term value creation for our customers and stakeholders. With a strong foundation, a clear vision, and the right financial partner, we are well-positioned to shape the future of ventilation technology.