Endless recognises the wealth of opportunity in turnaround situations.
Every year we invest tens of millions of pounds to rescue and restructure businesses for the benefit of shareholders, lenders, management, employees, customers and suppliers. It is this experience and track record that makes us the partner of choice for many businesses in distress and for key stakeholders who find themselves facing a difficult or special situation.
When faced with crisis it is crucial to act quickly and decisively to preserve maximum value for the business and maintain as many options as possible. We understand the critical path and limited timeframe available in many turnaround situations and have the experience to appraise an opportunity in hours and days rather than via a more lengthy process. Our flexible fund structure and innovative deal structuring approach allow us to make investment decisions quickly, avoiding lengthy external credit committee processes and facilitating final investment within weeks rather than months. With access to committed capital in Endless Fund II we can underwrite the entire transaction ourselves and refinance at a later stage if required.
But capital investment is not all we bring to a turnaround situation – Endless is more than just money. We are renowned for our ‘hands-on’ investment approach both before and after acquisition, and invest significant time and resource in supporting each portfolio company. We believe the key to success in a turnaround situation is management. Rescuing a business and returning it to profitability can be an enormous task and it cannot be done alone. We aim to provide support to our management teams throughout the turnaround project, from crisis stabilisation through to value creation. We are able to do this successfully due to the experience of our team and our extensive Connections network of interim managers, sector experts, non-executive directors, consultants and professional advisors who we can introduce to opportunities or investments as required.