Endless takes on two in Birmingham
The Birmingham office of private equity house Endless has made two senior appointments.
Indra Valeinis will take on the role of associate director while Kerry Swain has been named as investment manager of the Midlands team.
It follows last month's announcement that co-founder and partner Darren Forshaw will now lead the Endless teams in Birmingham, Leeds and Manchester.
Both Valeinis and Swain were previously focused on the Endless business in Leeds but have been increasingly involved in transactions in the Midlands in recent years.
Endless closed its third fund Endless Fund III in July 2011, raising £220m in ten weeks.
At least £50m of the fund has been allocated for investment in the Midlands, which has traditionally proved a strong source of deal flow for the Endless team.
Endless' most recent Midlands investment was the £27m acquisition of Willenhall-based Acenta Steel (formerly Niagara LaSalle UK), the UK’s largest independent engineering steel processor and distributor, in early 2011.
Forshaw, Valeinis and Swain all worked on the transaction.
