Global private equity and venture capital news and research

Endless backs management buyout of UK flooring company Gradus

3 Sep 2014

floor-texture-832989-mUK private equity firm Endless has backed a management led buyout of flooring accessories supplier Gradus from the company’s previous owner Caird Capital.

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.

Copyright © 2014 AltAssets

Legals & Terms of UsePrivacy Policy

AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: WeWork 4001, 1 Fore Street, London, EC2Y 5EJ
Content is © AltAssets 2000-2016