LDC
LDC sells Cable Management Group to Thomas & Betts Corporation
LDC has sold its majority stake in UK-based Cable Management Group (CMG) to US firm Thomas & Betts Corporation for approximately $110m.
LDC earns 4x revenue with St Tropez exit
Mid-market private equity house LDC has sold luxury self-tanning brand St Tropez to PZ Cussons for £62.5m, which corresponds to more than 4x revenue.
UK mid-market moves on up
The UK mid-market stats are in for the first half of 2010 and bullish observers will note that overall activity levels and value totals for deals in the £5-150m range have seen a constant rise since the nadir in the first half last year.
LDC acquires stake in Mountain Warehouse
LDC has acquired a significant minority stake in the outdoor specialist Mountain Warehouse valuing the company at over £50m.
LDC exits Vision Security Group
FTSE 100 company Compass Group has acquired LDC-backed security services specialist Vision Security Group (VSG) for £64m.
LDC-backed Green Sky Energy buys DWEC
LDC-backed energy management company Green Sky Energy has acquired DWEC and DWEC Europe, as part of its buy-and-build strategy.
LDC buys Easynet from BSkyB
LDC has backed the £100m buyout of UK specialist telecommunications business Easynet Global Services from BSkyB.
LDC backs Computer Recognition Systems
LDC has bought UK traffic management company, Computer Recognition Systems (CRS), as a bolt-on to Vysionic, the portfolio company it set up in February this year.
LDC exits defense specialist Kylmar
LDC has sold its minority stake in Kylmar to the UK branch of General Dynamics, for an undisclosed sum.
LDC backs AIM Aviation Group MBO
The Midlands office of LDC has invested in the management buy-out of AIM Aviation Group, for an undisclosed amount.
LDC backs 1st The Exchange acquisition of N4
LDC portfolio company 1st The Exchange has acquired N4 Solutions with backing from the private equity investor.
LDC supports MBO of UK luggage retailer
LDC has backed the management buyout of UK luggage brand, Antler, for an unknown amount.
LDC backs SMEs with new £100m commitment
Lloyds Development Capital has committed £100m over the next three years to back businesses in the South West and South Wales, the Thames Valley and the home counties.
Private Equity investors court clothing retailer Phase Eight
Lloyds Development Capital, Inflexion and Change Capital have held discussions to acquire UK clothing retailer Phase Eight, according to media reports.
LDC backs United House expansion
Mid-market firm LDC has backed the expansion of United House, the social and private housing specialist.
LDC increases stake in Ascend
LDC has purchased an additional stake in portfolio company Ascend, a provider of aviation information and consultancy services.
Barclays PE to sell Antler to LDC
According to reports, Barclays Private Equity (BPE) is preparing to sell luggage brand Antler to LDC.
LDC-backed Ultimate Products acquires Japinda divisions
LDC-backed Ultimate Products, the independent product sourcing and design business for hard goods, has acquired the luggage and small leather goods divisions of Japinda Goup for an undisclosed sum.
LDC backs Matrix with £10m investment
LDC has invested £10m in energy management company Matrix in exchange for a significant minority stake in the newco.
Private equity puts retail on the shopping list
Quite surprisingly, the retail sector has been generating significant interest from private equity as of late, indicating that this area of the market has the potential to return to its pre-credit crisis glory. Deborah Sterescu reports.
LDC acquires Speed Check Services
UK mid-market investor LDC has acquired a majority stake in traffic management specialist Speed Check Services (SCS).
Northern lights: regional dealflow to prop up UK PE
Both advisers and investors in Leeds and Manchester reveal that the Northern UK market is proving more lucrative for deals these days, which could attract investors from London. Deborah Sterescu investigates