Buyout is first deal in the capital for city company

PRIVATE equity firm Endless LLP, based in Leeds, has bought out Liberata Limited.

Liberata is a leading supplier of business processing outsourcing services to the public sector through its 20 business centres in the UK. It employs over 2,000 people.

Endless is backing the current management team of chief executive officer Dermot Joyce and chief financial officer Martin Trainer.

Garry Wilson, managing partner of Endless, said: "This is a landmark deal for Endless, representing both our biggest investment to date and our first deal in London. We are delighted to back such a strong management team with capability, track record and ambition to capitalise on the continued growth trend in public sector for professional managed services."

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