EVO Business Supplies
Public to Private & Merger
We originally invested in Vasanta Group back in 2009 when it was having a tough time along with many other companies in the storm of the financial crisis. We then invested further capital and rebuilt this significant regional employer back to profitability.
The business was further transformed in 2014 when we completed our first Public to Private transaction with the acquisition of office2office plc. The resulting combined business, now called EVO Group, is the UK’s largest multichannel supplier of business supplies and services with sales in excess of £500m and an unparalleled reach and experience. EVO Group provides sourcing, storage, specialist and value added fulfilment services to over 20,000 retailers, resellers, large public sector bodies and corporate organisations through its trading brands VOW, VOW Retail and Banner. EVO enables both local and global manufacturers to reach all areas of the market via specialist teams and specific service offerings.
With an unrivalled logistics platform, the highest number of direct manufacturer relations and the broadest multi-channel sales structure, EVO has a leading position in each of its chosen market segments within the business supplies and services industry across the UK and Ireland. Through constant innovation, progressive business services and the most extensive product range, we remain at the forefront of our industry offering an exceptional overall customer experience.
With the major elements of the o2o integration work now either complete or reaching a conclusion, EVO is firmly focused on delivering the best customer, supplier & employee experience through a range of investments and activities to simplify, optimise and grow the business. Operating in a large, diverse and changing marketplace, each of EVO’s trading companies is uniquely placed to both take advantage of growth opportunities and add value to suppliers and customers alike via its efficient operating model and approach to minimising supply chain costs and complexity.
EVO Group CEO Steve Haworth commented:
“I am excited about the future of the EVO Group. The combination of the best people in the industry; strong supplier relationships; a well invested infrastructure and most importantly a focus on continuous improvement in customer experience means that we are very well positioned to take advantage of the mass of opportuities that exist within our £15bn addressable market.”
Key person for this case study
A Partner in the Investment Team, Andy is responsible for the firm’s operations in Yorkshire and the North East from our Leeds Headquarters. This includes delivering new transactions, as well as working closely with some of our investments. Prior to joining Endless, Andy spent 16 years at PwC advising regional corporates and their stakeholders through sales, purchases, restructures and refinancing projects.