MML Capital Partners Exits Lomond (sold to LDC-backed Linley & Simpson)

LDC Backs Merger of Lomond Capital and Linley & Simpson to Form National Lettings & Estate Agency Group

January 4, 2021

Real Estate

LDC has backed a £100m transaction to merge Lomond Capital and Linley & Simpson into a new national lettings and estate agency group, creating a combined portfolio of over 22,000 properties under management. The deal is supported by acquisition facilities from LGT Capital Partners and aims to drive a buy-and-build consolidation strategy across the UK residential lettings market.

ICG Acquires Majority Stake in Lomond; LDC and Management Reinvest

December 2, 2024

Real Estate

ICG has invested in Lomond in a transaction in which LDC exits its original investment but will reinvest alongside ICG, founding Chairman Stuart Pender and Lomond management. The recapitalization provides capital to support Lomond's continued roll-up strategy and geographic expansion after the business grew from 600 to 1,900 employees and completed 65 acquisitions under LDC's ownership.

Linley & Simpson Acquires Morgans' Residential Lettings and Sales Business

July 16, 2019

Real Estate

LDC-backed Linley & Simpson has acquired the residential lettings and sales business of Yorkshire independent agency Morgans for an undisclosed sum. The deal adds more than 1,450 homes to Linley & Simpson’s lettings portfolio — taking it to about 8,000 properties across 16 branches — and is the firm’s largest acquisition since LDC’s 2018 investment as part of a buy-and-build growth strategy.

Lomond Acquires HOP Lettings and HOP Students

May 31, 2024

Real Estate

Lomond, the LDC-backed national lettings and estate agency group, has acquired HOP Lettings and HOP Students in Leeds. The deal adds 861 residential properties (around 300 student properties) to Lomond’s Linley & Simpson lettings book and expands the group’s student lettings presence in Leeds.

Lovell Minnick Partners Acquires Majority Stake in London & Capital

June 9, 2022

Wealth Management

Lovell Minnick Partners (LMP) has signed a definitive agreement to acquire a majority stake in London & Capital, a London-based wealth and asset manager with £4.1 billion AUM. London & Capital's management and the Freedman family will retain a significant minority stake and reinvest; the deal is intended to support international expansion, technology investment and accelerated growth.

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.