Enact Fund (Endless) Acquires GEO Specialty Chemicals UK and Waddington Europe

Endless LLP Acquires ASCO Group

August 11, 2023

Oil & Gas

Endless LLP, a UK private equity firm, acquired ASCO Group on 11 August 2023. ASCO, headquartered in Aberdeen, Scotland, is a global provider of multi-site integrated supply base operations and offshore logistics to the energy sector and employs roughly 1,500 people across 60 locations; Endless plans to support ASCO's growth into renewables and new energy markets.

Meridian Adhesives Group Acquires GENTEC and FT Polymer

March 3, 2021

Manufacturing

Meridian Adhesives Group acquired GENTEC and FT Polymer, two European-based adhesive suppliers that serve electronics, medical, aerospace and automotive end markets. The two businesses will join Meridian’s Electronics Division and work with Epoxy Technology Europe to expand Meridian’s European footprint and product/distribution capabilities.

Endless LLP Acquires Enablelink

April 29, 2024

Industrial Services

Endless LLP has acquired Enablelink, a UK metal recycling business based in the Birmingham area (Tipton). The deal transfers ownership as founder Roy Millard retires and Operations Director Josh Long becomes Managing Director; Endless will provide capital to support further organic growth and acquisitions for the business, which processes over 300,000 tonnes per year and has turnover of around £110m.

Waterland Invests in Chemservice to Accelerate International Growth

August 18, 2025

Consulting

European private equity firm Waterland has entered a strategic minority investment partnership with Chemservice, a regulatory compliance and regulatory affairs consultancy serving the chemical industry. The founders will retain a significant minority stake and remain in management as Waterland supports Chemservice’s organic expansion and targeted M&A to accelerate international growth and broaden its service offering.

Ascensus Specialties Acquires Wychem Limited from AURELIUS Equity Opportunities

December 13, 2021

Manufacturing

Ascensus Specialties LLC has acquired Wychem Limited, a UK-based independent fine chemical manufacturer, from AURELIUS Equity Opportunities. The acquisition expands Ascensus' European manufacturing footprint and adds Wychem's capabilities in aromatic compounds, halogenation and multi-step intermediates for pharmaceutical APIs; financial terms were not disclosed by Ascensus, while AURELIUS reported a 10.6x money-over-money multiple on the sale.

Endless LLP Acquires Ecobat's European Battery Distribution Business (now Veloris)

June 2, 2025

Energy

Endless LLP has acquired Ecobat's European battery distribution business, a division that supplies batteries under brands including Lucas, Exide, Varta and Rolls. The sale is a divestiture enabling Ecobat to focus on its core battery recycling operations; Endless has relaunched the business as Veloris and will operate it as a standalone distribution platform.