Endless is pleased to announce that it has supported the management buyout of H&L Garages Ltd (H&L) from its parent, PD Ports Group Ltd, part of quoted Australian company Babcock & Brown Infrastructure, for £8.5m. Funding for the buyout was also provided by Euro Sales Finance and Royal Bank of Scotland. H&L operates six Mercedes-Benz dealerships across North Yorkshire, Humberside and Lincolnshire.
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy