Resume
Nick has 20 years of experience in industry, professional practice and private equity, having joined Endless in early 2007 to set up and lead deal origination, execution and portfolio management of transactions in the Midlands. Such knowledge and experience has been built initially in financial services and banking markets thereafter evolving more widely into advisory and equity investment roles with significant exposure to a range of consumer, industrial, financial and service based sectors.
Recent experience and highlights include:
Originated and led the acquisition, from Administration, of ‘The Works’, Britain’s largest discount book retailer with 220+ stores across the UK. It was a ground breaking transaction with the company’s bankers HSBC who worked in partnership with Endless to fund the business and turnaround. In the first year of trading the business achieved an EBITDA profit of £3m, representing an £8m turnaround at EBITDA level since acquisition from its original loss making position.
Originated and led the acquisition of Homebuy the retail and financial services business with 55,000 customers across the UK. This included sourcing ongoing funding to support the acquisition and working capital to deliver the turnaround.
Managing all aspects of negotiation and engagement with vendors, lawyers, banks, management and various advisors on the above transactions and others.
Notable portfolio responsibilities have included active board roles in Homebuy and The Works together with a leading role in the refinancing of Crown Paints.
Led the initial negotiations in the Non Core acquisition of British Bookshops & Stationers Limited from an Irish parent looking to retrench from the UK. Responsibility for the sales and marketing strategy across Endless nationally.