LDC
Apax takes full control of Trader Media
Apax Partners has acquired a further 50.1% stake in Guardian Media Group’s (GMG) Trader Media Group (TMG), securing full control of the company.
LDC backs £17.8m GMG Property MBO
LDC has supported the £17.8m management buyout of estate agent software provider GMG Property Services from Guardian Media Group.
LDC and PostNL in TNT Post joint venture
LDC has teamed up with PostNL to support the rollout of TNT Post UK’s end-to-end (E2E) postal delivery service.
Equistone and LDC back MDNX deal
Hosting provider MDNX has acquired Easynet with backing from Equistone Partners Europe and LDC, providing an exit for Kelso Place Asset Management.
LDC exits Leasedrive to HgCapital
LDC has sold a majority stake in vehicle management group Leasedrive to HgCapital in a secondary buyout.
LDC appoints Ibbett and Wright
LDC has appointed corporate financiers Richard Ibbett and Chris Wright as investment directors in its Manchester office.
Dunedin unlocks £90m Kee Safety deal
UK mid-market firm Dunedin has backed the £90m management buyout of Kee Safety, buying its stake from LDC.
LDC’s Driver Hire picks up ISS Labour
LDC-backed The Driver Hire Group has purchased Infra Safety Services Labour (ISS Labour).
LDC invests £22m in Joules
LDC has backed UK-based fashion and homeware retailer Joules with a £22m investment in exchange for a minority stake.
LDC sells Mountain Warehouse to management
LDC has divested Mountain Warehouse, a UK-based outdoor clothing and equipment retailer, in a management buy-back worth £85m.
LDC reaps 2.4x in JCC Lighting exit
LDC has sold lighting manufacturer JCC Lighting (JCC) to US electrical manufacturer Leviton, reaping a 2.4x money multiple.
unquote” Regional Mid-market Barometer
UK mid-market
Palatine pays £16m for LDC’s Forrest
Palatine Private Equity has backed the £16m secondary management buyout of social housing contractor Forrest, generating a 2.4x return for vendor LDC.
LDC backs Express Engineering
LDC has acquired a minority stake in Express Engineering, a UK-based precision engineering and contract manufacturing company for the oil and gas industry.
LDC backs £20m round for The Training Room
LDC has backed The Training Room (TTR), a UK-based provider of vocational training courses for gym instructors, in a £20m funding round alongside the company’s CEO.
Manchester: it’s about who you know
Manchester
British Private Equity Awards honour unusual suspects
Crises often spawn new teams. This summer saw two spinouts announced in France, reminiscent of the early-2000s when many outfits – including many of today’s well-known names – were going it alone. Kimberly Romaine comments.
Do food & drink and restaurant & hotel investments deliver?
In the last instalment of our investigation into trophy investments, Ellie Pullen and Alice Murray take a look at deals in high-end food and drink producers, as well as opulent restaurants and hotels.
LPs demand Asian presence for portfolio growth
Eastern promises
Silverfleet’s Aesica receives £30m for site expansion
Pharmaceutical manufacturer Aesica, backed by Silverfleet Capital, is expanding its manufacturing facility in Kent following a £30m investment.
LDC invests in Equiom
LDC has acquired Equiom, an Isle of Man-based provider of fiduciary and administrative services, as part of a secondary management buyout from Isis Equity Partners.
CBPE dines out with Côte
CBPE Capital has emerged as the new owner of French bistro chain Côte Restaurant in a deal thought to be worth in the region of £100m.
Towerbrook takes off with LDC’s AIM Aviation
Towerbrook Capital Partners has acquired aircraft cabin interior designer and manufacturer AIM Aviation from LDC.