Endless LLP, one of the UK’s leading mid-market private equity investors, is pleased to announce the acquisition of Enablelink, a major player in the UK metal recycling industry. This acquisition marks the fifth platform investment for Endless Fund V, reinforcing our commitment to investing in businesses with strong growth potential and significant environmental impact.
THE OPPORTUNITY
In April 2024, Endless Fund V acquired one of the UK’s most prominent metal recycling businesses, Enablelink. Founded in 2007, Enablelink processes over 300,000 tonnes of material per year and plays a vital role in the green circular economy, with recycled metal being critical to the UK and worldwide steel and manufacturing industries.
Enablelink operates from three production sites in the Birmingham area and specializes in the acquisition, processing, and distribution of ferrous and non-ferrous materials. The business employs over 60 people and has recently invested in new shredding and processing capabilities. The acquisition will further strengthen Enablelink’s position and provide it with additional capital for growth, enabling the management team to capitalize on the increasing demand for recycled metals.
