Issue 4 Spring 2010
From Garry Wilson
As we go to press European airspace is paralysed by an Icelandic volcanic eruption, Nick Clegg is touted as the most popular political party leader since Churchill, prompting fears of a hung parliament in the upcoming election, and most fear a double dip recession.
Turnaround News
Swinton Park in North Yorkshire was the venue for this year’s Endless Fund II Investor Conference. Endless Partner Darren Forshaw reflects on the main learning points from the event.
A team of ten Endless staff embarks on climbing challenge for charity.
Sector Insight
The sale of DavyMarkham in March 2010 represented the conclusion of a tremendous turnaround story for this 180 year old Sheffield engineering firm, as well as a fantastic investment for Endless.
Three years after backing the rescue of Excelsyn, the investment is sold to Albany Molecular Research, Inc. (“AMRI”) for £12million, delivering a market-leading 4x return.
Endless portfolio company Amco is ranked fourth in the Sunday Times Buyout Track 100.
Portfolio Focus
If there was one word to sum up 2009 for Crown Paints, it would have to be "change" and tremendously positive at that!
Comeback Kings
The ability to keep going back for more when all others are leaving is what makes turnarounds not only difficult but, if successful, enormously rewarding. The sporting world has similar stories to tell and here we look at four individuals who have either continued against popular opinion or returned to have another crack.
Endless’ Director Nick Leitch takes the trophy home as Birmingham’s 2010 Y Factor Winner.
Market Outlook
As the General Election draws near Endless Director Nick Leitch looks at what the future holds for a UK economy still suffering from the hangover of recession and sluggish growth - the price we are paying for the party of borrowing fuelled excesses enjoyed but which ended with a bang in the Summer of 2008.
Endless has acquired the business and assets of one of the UK’s leading names in schoolwear.
The New Buzzwords of 2010
Business speak is full of jargon and includes a large number of meaningless phrases camouflaged as English.
On our ongoing series we bring you the very latest business buzzwords.
Endless has collected the award for Turnaround Private Equity House of the Year at the 2010 Real Deals BVCA Private Equity Awards.
Opinion - by Indra Valeinis
So went the immortal words of Grover Cleveland, the 22nd and 24th President of the United States.
The first Endless North West Saint Nick Awards will be held on 19 May 2010.
Welcome
DavyMarkham Sale Shows Turnarounds can Engineer Value
Crown Paints Pushing Ahead
The View From Endless
Endless Win Coveted BVCA Award
Standing out from the Crowd - Investor Conference 2010
Excelsyn Exit Delivers Market Leading Returns
Never Say Never
Endless Acquires Schoolwear Supplier Trutex
“Sensible and Responsible Women do not want to Vote”
Endless Team Takes on Three Peaks Challenge
Amco Stars in National League Table
Nick Leitch has the "Y Factor"
The Language of Business
Northwest Turnaround Awards are Launched