Endless among winners in BVCA awards

Bosses at Lancashire's Crown Paints were named Private Equity-Backed Management team of the year. The Darwen company was described as a "phenomenal turnaround story" since its 2008 acquisition by Endless.

Brian Davidson, chief executive of Crown Paints, said: “I would like to thank the BVCA for recognising the hard work which has gone in on behalf of my team, in transforming the Crown Paints business against such a difficult economic landscape.”

Warwick Ley, a partner at Endless, said: "We’re obviously delighted for the Crown management team, and Endless takes a lot of pride in what they’ve achieved.

"Despite some of the most difficult market conditions in decades, Brian Davidson and the team have bucked every market trend, whether it be sales growth, market share, margin enhancement or cost per litre.  The cultural change their leadership has driven is exciting - there is now a ‘buzz’ at Crown Paints' HQ, which is a place of high energy and ‘can do’ attitude throughout."