LDC-backed Deltron Group Acquires Five UK Lift Maintenance Businesses

Deltron Group (LDC-backed) Acquires Abacus Elevators, Total Lift Care and Bourne Lifts

April 28, 2025

Engineering Services

LDC-backed Deltron Group, a West Midlands–headquartered lift maintenance and repair specialist, has acquired three UK-based lift service businesses: Abacus Elevators (Liverpool), Total Lift Care (Lancashire) and Bourne Lifts (Dorset). The add-on deals expand Deltron's servicing capabilities and geographic reach, adding more than 770 customers and increasing unit density as the business grows under LDC's backing.

LDC Takes Minority Stake in Deltron Group

January 8, 2025

Industrial Services

LDC has taken a minority stake in Deltron Group, the Dudley-based lift maintenance and repair specialist, providing growth capital to support the company's buy-and-build expansion. In the first three months of the partnership Deltron completed five acquisitions as it scales its maintenance, repair and refurbishment platform.

LDC Makes Minority Investment in Deltron Group

July 4, 2024

Industrial Services

LDC, the private equity investor part of Lloyds Banking Group, has made a minority growth investment in Dudley-based Deltron Group to support its UK expansion and acquisition-led growth strategy. Deltron, which maintains and repairs elevators, service lifts and stairlifts and employs around 94 people, will use the capital to scale operations, invest in its services and pursue complementary acquisitions.

LDC-backed The Pace Group Acquires Exel Elevator and The Lift Company (DJ Lifts)

November 14, 2025

Engineering Services

LDC-backed The Pace Group has acquired Gateshead-based Exel Elevator and Kent-based The Lift Company (DJ Lifts) as add-on acquisitions to accelerate its UK expansion. The deals expand The Pace Group's geographic footprint and service capability, bringing the Group's maintained units to around 13,000 and ~5,000 customers nationwide.

LDC Invests in Etrading Software

December 12, 2022

Financial Services

LDC, the private equity arm of Lloyds Banking Group, has made a significant growth investment in London‑headquartered capital markets technology firm Etrading Software to support international expansion and the development of its data and market‑infrastructure capabilities. The deal backs the existing management team led by founder and CEO Sassan Danesh; LDC directors Joseph Fison and Alex White will join the board and Emanuel Mond has been appointed Chairman.

LDC Takes Minority Stake in Global Autocare

December 20, 2019

Transportation

Mid-market private equity firm LDC has acquired a significant minority stake in Leeds-based fleet management and corporate mobility provider Global Autocare to back the existing management team and accelerate the business's national growth plans. The deal keeps founder Geoff Bloore and the management team in place, brings former PE investor John Walker in as Non-Executive Chairman, and sees NatWest remain as incumbent senior lender.