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External Press

Endless banks 10.5x on DavyMarkham sale

Turnaround investor Endless has sold heavy engineering business DavyMarkham to Indian engineering and construction giant IVRCL, banking a 10.5 times return on Endless’s original investment.

Historic Yorkshire engineering firm bought by Indian giant

Yorkshire based engineering group DavyMarkham, which was rescued by buyout firm Endless four years ago, has been sold to $1bn turnover Indian group Hindustan Dorr Oliver (HDO) for an undisclosed sum.

Internal Press Releases Internal Press Releases

Rememberance note - Phil Tate passed away 2 years ago this week

Date: 03 March 10

Every year at this time our thoughts turn to our colleague Phil Tate who died in a skiing accident in Chamonix, France on 2 March 2008. Phil was a crucial part of the launch of Endless and our early successes and his passing left a gap that will never be filled. Phil's contribution to Endless will not be forgotten and our thoughts go out to his family and his former partner Kris. Missed every day. From everyone at Endless.

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Endless sells DavyMarkham to Indian Conglomerate

Date: 01 March 10

Endless LLP, the leading turnaround investor in the UK mid-market, is delighted to announce the sale of its investment in the heavy engineering business DavyMarkham Limited to the Indian engineering and construction giant IVRCL.

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Endless Acquires Schoolwear Supplier Trutex

Date: 26 February 10

Endless is delighted to announce that it has acquired the business and assets of Trutex Limited, one of the leading independent suppliers of schoolwear in the UK.

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ENDLESS LAUNCHES THE INAUGURAL NORTH WEST TURNAROUND AWARDS

Date: 22 February 10

Endless LLP is delighted to announce the launch of the North West Turnaround Awards, which will be held at the Manchester Art Gallery on 19 May 2010. All profits from the event will go to Francis House Children’s Hospice.

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Endless LLP and NorthStar exit Excelsyn Limited

Date: 18 February 10

Endless LLP and NorthStar are delighted to announce the sale of Excelsyn Limited to Albany Molecular Research, Inc. (“AMRI”), a market leading provider of scientific services, products and technologies focused on improving the quality of life.

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Davy Markham CEO storms the Power 100

Date: 13 February 10

Kevin Parkin, CEO of Sheffield based heavy engineering business Davy Markham, has been listed at No 12 in Insider Magazine's Power 100, a listing of the 100 most influential business people in Yorkshire.

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Amco stars in Sunday Times national league table

Date: 08 February 10

Amco, the Barnsley-headquartered specialist engineering group, has been recognised nationally for its outstanding profit growth. Amco was ranked fourth in the Sunday Times Buyout Track 100 after seeing profits before tax rise to £15.3 million on turnover of £98.8 million.

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Endless shortlisted for Turnaround House of the Year

Date: 29 January 10

The nominees for the BVCA/Real Deals Private Equity Awards 2010 have been announced and Endless is pleased to have been shortlisted for the Turnaround House of the Year Award. The winner will be revealed on the 22nd April at a ceremony at the London Hilton Hotel.

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Crown Paints refinances for growth

Date: 28 January 10

Crown Paints Limited, the UK’s largest independent decorative coatings manufacturer, has secured a new £25 million funding package from RBS, significantly increasing the capital available to the management team as it drives the 200-year old company into its next phase of expansion.

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Dernier and Hamlyn cooks up a light delight for Jamie's new restaurant

Date: 25 January 10

Dernier & Hamlyn recently worked with Martin Brudnizki Design Studio to manufacture a spectacular 2.3m high contemporary, glass chandelier for the new Jamie’s Italian restaurant in Cardiff.

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