Better Capital has purchased £15m worth of bank facilities relating to ATH Resources from lenders Clydesdale Bank and HSBC, reuniting private equity veteran Jon Moulton with a business he originally floated when with Alchemy Partners in 2004.

In a statement yesterday, Better Capital said that it had purchased £15m worth of bank facilities relating to ATH from lenders Clydesdale Bank and HSBC through a special purpose vehicle.