
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 the management buyout of VSG in 2007, acquiring a minority stake in the business for an undisclosed equity investment. Since then, turnover has increased by over 50% to £140m and employee numbers have risen from less than 4,000 to nearly 6,000. LDC also helped management acquire two electronic security providers, develop VSG's ancillary services, open additional branches and develop a management succession plan.
Established in 2000, Northampton-based VSG provides manned guarding and support services to blue-chip organisations across the UK, with a focus on the corporate, distribution, manufacturing, retail and shopping centre sectors.
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 Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com
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