Ecobat Battery has been acquired by the private equity firm Endless LLP ("Endless"), from the Ecobat Group headquartered in the US.
Ecobat Battery is leading supplier of batteries, chargers and energy storage systems (ESS) and operates in a wide range of sectors: from automotive, motorcycles, marine, recreation to internal logistics and numerous industrial applications. With a strong presence in all of Europe and a network of 23 distribution centers in the United Kingdom, Ireland, the Netherlands, Belgium, France and Spain, Ecobat Battery has a broad customer base and is known for quality, reliability and technical expertise.
Endless is a U.K.-based private equity firm founded 20 years ago with strong expertise in the field of investments in companies in achieving their strategic goals. Endless specializes in driving transformation, enabling growth and executing strategic carve-outs.
The acquisition by Endless gives Ecobat Battery the capital and strategic support to accelerate its growth plans, invest in capabilities and strengthen its market position.
Russell McBurnie, Managing Director of Ecobat Battery: "This is an exciting new chapter for our company. Endless brings a wealth of experience in supporting specialized distribution companies. We are confident that their support will help us pursue new opportunities and continue to deliver outstanding performance."
Andy Ross, Investment Partner of Endless, added: "We are delighted to welcome Ecobat Battery to the Endless portfolio. The company has strong expertise and a talented team to establish a prominent position in the battery distribution market. We look forward to working closely with the management team to support their growth strategy."