LDC earns 4x revenue with St Tropez exit

LDC acquired the company in 2006 and has since pursued an aggressive growth strategy which saw St Tropez reporting a turnover of £20.7m and an EBITDA of £7.4m for the year ended July 2010.

The beauty firm came 77th in the 2010 Sunday Times Buyout Track 100 list of the fastest-growing private equity-owned businesses in the UK.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Susannah Birkwood on +44 20 7004 7524 or susannah.birkwood@incisivemedia.com

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