Private equity turnaround investor Endless is one of a number of firms expected to express an interest in bidding for HMV, the UK retail chain that went into administration this morning.

HMV suspended trading of ordinary shares today and announced its intention to appoint Deloitte as administrator, although the mandate had not been formalised at the time of writing. Garry Wilson, a partner at Endless, said the firm had already approached Deloitte to lodge an interest in the music and DVD chain.