Ecobat Battery announces the sale of its business to Endless LLP
Ecobat Battery has been acquired by private equity firm Endless LLP (“Endless”), from the US headquartered Ecobat Group.
Endless is a UK-based private equity firm, established 20 years ago, with a strong track record of investing in businesses to support in realising their strategic goals. Endless specialise in driving transformation, enabling growth and executing strategic carve-outs.
The acquisition by Endless will provide Ecobat Battery with the capital and strategic support to accelerate its growth plans, expand its market reach, and invest in its capabilities to further strengthen its commercial platform.
Russell McBurnie, Managing Director of Ecobat Battery commented; “This is an exciting new chapter for our business. Endless brings a wealth of experience in supporting specialist distribution businesses, and we are confident that their backing will help us unlock new growth opportunities and continue delivering exceptional value to our customers.”
Andy Ross, Investment Partner of Endless, added; “We are delighted to welcome Ecobat Battery into the Endless portfolio. The business has a strong heritage, a talented team, and a clear role to play in the battery distribution market. We look forward to working closely with the management team to support their growth strategy.”