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New Deal


Announced

Endless to acquire Findel Education from Studio Retail Group for £30m.

Financials

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Transaction Value£30m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Domestic

Majority

Pending

Private

Friendly

Education Services

educational resources

United Kingdom

Private Equity

Synopsis

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Private equity firm Endless agreed to acquire Findel Education, an ecommerce led supplier of educational resources and equipment to schools and nurseries, from Studio Retail Group, a British home shopping company, for £30m. "We are delighted to be backing Chris, Mark, Martin and the entire Findel Education team to deliver our shared vision for the business and look forward to working closely with them in the coming years. We believe that this is an exciting opportunity to acquire and develop a truly market leading business," Andy Ross, Endless Partner.

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