Caird first invested in UK-based Gradus in 2007. Since then the company has developed to making £40m turnover with 300 employees.
Gradus was founded more than 50 years ago and has evolved from being a manufacturer and supplier of flooring accessories into offering a portfolio of commercial interior solutions including wall protection and lighting design.
Endless director Francesco Santinon who led the deal said, “Gradus is a great example of a stable and growing business which has demonstrated its strong market position through the recession.
“Endless is delighted to support the current management team to fully realise the business’s potential as its end markets continue to benefit from the strong recovery in the economy.”
Earlier this week AltAssets reported that the firm is said to be preparing to launch a new fund with a £400m target.
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