Special Situations

There are a variety of other reasons why stakeholders may be looking to dispose of their investments. Our innovation and flexibility of approach allows us to consider any proposed transaction on its individual merits and help structure a solution accordingly. Some more common examples of transaction types are included below, but we would urge any stakeholders to Contact Us to discuss possibilities in more detail. Given our straight-talking culture and bespoke investment approach, we really do believe that in these and similar situations, the possibilities are Endless…

CHALLENGING MANAGEMENT BUY-OUTS

Management buy-outs provide the opportunity for management teams to acquire the businesses they run. However, in some instances the conditions of a sale may be far from ideal for most funding or private equity partners. Whether the transaction is taking place within an accelerated timeframe, an ‘out of favour’ industry or in a business with a chequered trading or financial legacy, we believe in supporting strong and motivated management teams with buy-in or buy-out opportunities. Our approach is to structure deals as simply and transparently as possible and with the aim of aligning interests and incentivising management to maximise value creation for all parties. We are an open minded investor and we welcome introductions from all industry sectors. We do not necessarily require a growth story to make an investment attractive and unlike many private equity investors we are not afraid of difficult or challenging deals.

BUSINESSES IN ADMINISTRATION

Many investors believe that once a business reaches the brink of insolvency all value is lost. Whilst it may require a more challenging turnaround or value creation plan in these instances, at Endless we assess every opportunity on its own individual merits. The earlier we can be introduced to a business, a group of stakeholders or to a special situation, the more options may be preserved for the immediate future, but we are not afraid of acquiring businesses from Administration where other avenues have been lost. We believe in backing good business models with differentiated product and market offerings and a degree of stakeholder support and have affected our best turnarounds in businesses acquired from administration where we have partnered with incumbent stakeholders to find a mutually beneficial solution.

SERVICES TO STAKEHOLDERS

The Endless team has excellent experience of managing and advising underperforming companies and their stakeholders and can offer private equity houses, shareholders, banks, pension trustees and other key stakeholders options other than a transaction in instances where acquisition of their underperforming investments is not attainable. If stakeholders remain keen to hold on to investments but believe in the benefits of a fresh approach, Endless can project manage and provide additional resource via a much more comprehensive service than an accountancy firm or standalone Interim or Non Executive Director may offer. As a team we have hundreds of years of collective experience in helping stakeholders in similar situations and our involvement can avoid the need for high consultancy costs to be incurred as we will align our reward to a stakeholder’s return. We can work to an ethos of capital gain for all parties, rather than fees.