LDC has exited UK procurement business Inprova Group via the £19.5m sale of the energy division to AIM-listed Inspired Energy and the management buy-back of the non-energy procurement division.
Sale of the GP's minority stake in the tax consultancy comes five years after its initial investment
Argos Wityu, which owned a majority stake in the business since 2017, becomes a minority stakeholder
In addition, Agroponiente bolts on Lara Castañeda and increases its stake in Vegacañada
Development comes three years after the GP invested £8m in the construction equipment business