Duncan & Todd Acquires Nine Black & Lizars Stores

Blackford Capital Acquires LTD Online Stores, Inc.

December 5, 2023

Retail

Blackford Capital, a lower middle market private equity firm, acquired LTD Online Stores, Inc., a San Diego-based patio furniture e-commerce business, wholesale distributor and retail showroom operator. The deal is the third add-on to Blackford's Patio Portfolio (joining Artificial Turf Supply and Starfire Direct) and is intended to expand the platform's high-end furniture offerings and diversify distribution channels.

LDC Invests in Ross Trustees to Support Management Buyout

November 23, 2020

Financial Services

LDC, the UK mid-market private equity investor, has made an undisclosed investment in Ross Trustees to support a management buyout led by CEO Nigel Moore, COO Susan Andrews and CBDO Andrew Bradshaw. The funding will provide a financial platform for growth, helping Ross Trustees expand its service offering and workforce; Ross Trustees employs around 45 people and supports more than 100 pension schemes.

TDR Capital and Issa Brothers Complete Acquisition of Asda from Walmart

February 16, 2021

Retail

Funds managed by TDR Capital, alongside EG Group co-shareholders Mohsin and Zuber Issa, have acquired Asda from Walmart, with Walmart retaining a minority stake. Asda — a Leeds-headquartered, omni-channel supermarket operator with an estate of over 600 stores and a large online grocery platform — will be repositioned to drive growth, particularly through a partnership with EG Group to develop convenience retail and food-to-go capabilities.

LDC Backs Management Buyout of Tailored Brands' Corporate Apparel Group

August 20, 2019

Manufacturing

LDC has backed a management buyout of the corporate apparel business carved out from US-based Tailored Brands in a deal valuing the group at £50 million. The UK-based group — trading under Dimensions, Alexandra, Yaffy and Twin Hill — employs over 800 people, generates about £150 million of annual revenue and will use the investment to accelerate organic and international growth and pursue complementary acquisitions.

New Look Vision Group Acquires Luxury Optical Holdings

December 1, 2021

Retail

Montreal-based New Look Vision Group, backed by FFL Partners and Caisse de dépôt et placement du Québec, has agreed to acquire New York–based Luxury Optical Holdings (LOH), the largest luxury optical retailer in the United States. The deal (terms not disclosed) expands New Look’s premium retail footprint in the U.S. and adds LOH’s wholesale and small-batch eyewear manufacturing capabilities to its platform.

Lomond Group Acquires DJ Alexander; LDC Supports Deal

December 20, 2021

Real Estate

Lomond Group, backed by private equity firm LDC, has acquired Scottish lettings and estate agency DJ Alexander. The add-on expands Lomond's managed portfolio (now ~9,500 properties in Scotland and 30,000 across the UK) and brings DJ Alexander's ~104 employees into the group as Lomond continues its buy-and-build consolidation of regional estate agents.