Endless-backed Essential Fleet bolts on Go Plant

The merger of Essential Fleet Services and Go Plant creates a group that employs 500 people and operates 35 depots and service centres across the UK.

Endless acquired Essential Fleet Services in July 2015 from its Endless Fund IV, with deal value amounting to £50m. The GP provided "substantial" additional capital to finance the acquisition of Go Plant, unquote" understands. 

Previous funding
Go Plant received investment from Bank of Scotland and Graphite Capital's fund Foreign & Colonial Ventures amounting to £3.9m in January 1996.

Company
Based in Leicestershire, Go Plant is a provider of operated and self-driving road sweepers, refuse vehicles and other specialist equipment. The company also provides maintenance services in the public and private sector markets across the UK. The business was founded in 1995 and operates in Leicestershire.

People
Go Plant – Vaughan McLeod (chair).

Advisers
Equity – Squire Patton Boggs, Jonathan Jones (legal); KPMG, Steven Heath (tax).
Vendor – Jones Day, Gilles Elliot (legal); PwC, Ian Birch (tax).

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• Topics
• Expansion
• UK / Ireland
• Industrials
• Endless
• United Kingdom
• Build-up