LDC Invests in Kick ICT as BGF Exits
January 5, 2024
LDC, the private equity arm of Lloyds Banking Group, has made a significant investment in Kick ICT, Scotland's largest independent IT managed service provider, with growth investor BGF exiting. The investment will back Kick ICT's management team and support an accelerated UK expansion strategy driven by further acquisitions.
- Buyers
- LDC
- Targets
- Kick ICT
- Sellers
- BGF
- Industry
- IT Services
- Location
- North Lanarkshire, United Kingdom
- Transaction Type
- Buyout
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