Endless had a record year for new investments in 2014, which included the public to private acquisition of Office2Office plc, which was subsequently merged with Vasanta Group to create a combined business with turnover in excess of £600 million as the UK’s leading distributor of office products.
Darren Forshaw, partner at Endless, added;
“2014 was remarkable year for Endless and this momentum has continued into 2015. Supporting Andrew, John and the team in the buyout of FMG is an important step for Endless and fits perfectly with our new, broader investment plans.
FMG currently specialises in providing outsourced incident management services for a range of clients
“It is an exciting business in a growing and changing market, which we believe will provide great opportunities for the team at FMG to show its strengths. Our pipeline for new opportunities has never been better and we are expecting to make further announcements in the short term.”
FMG currently specialises in providing outsourced incident management services for a range of clients including insurance companies, corporates with large car fleets and vehicle leasing companies.
In addition, FMG also provides specialist roadside recovery services for Highways England along with a number of Police regions and local councils.
FMG has grown the fleet it manages by nearly 60% in the past two years, to approaching 250,000 vehicles.