Idilia Acquires Shaken Udder from LDC

LDC Invests in Shaken Udder (minority growth investment)

February 28, 2022

Food & Beverage

LDC has made a minority growth investment in Shaken Udder, the UK’s leading premium milkshake brand, to support product development, brand marketing and expansion into convenience channels and overseas. Founders Jodie and Andrew Howie will remain in place, James Lambert OBE joins as Non-executive Chair, and LDC partners David Bains and Mark Howden will join the board.

Butterfly Equity Acquires Milk Specialties Global from American Securities

December 23, 2022

Food & Beverage

Butterfly, a Los Angeles-based private equity firm focused on the food sector, has entered into a definitive agreement to acquire Milk Specialties Global, a vertically integrated manufacturer of dairy-based human and animal nutrition ingredients, from affiliates of American Securities. The transaction, terms undisclosed, is expected to close in Q1 2023 and the Milk Specialties leadership team, led by CEO David Lenzmeier, will remain in place.

ShakeStir (Cocktail Courier) Acquires Thirstie

June 24, 2024

E-Commerce

ShakeStir LLC (dba Cocktail Courier) has acquired Thirstie, Inc., a New York–based e-commerce technology provider for alcohol brands. The deal combines Cocktail Courier's direct-to-consumer cocktail kit and fulfillment capabilities with Thirstie's branded e-commerce platform and data tools to enable new on-site experiences for liquor brands and accelerate growth.

Odeko Acquires Dairy Distributing

November 6, 2025

Food & Beverage

Odeko has acquired Dairy Distributing, a specialty distributor headquartered in Bellingham, Washington, from Troia Foods. The transaction expands Odeko's Pacific Northwest distribution footprint and gives Dairy Distributing's customers access to Odeko's online ordering platform, broader product catalog and additional services such as equipment financing and insurance.

LDC Invests in Bullen Healthcare

September 11, 2024

Healthcare Services

LDC, the private equity investor affiliated with Lloyds Banking Group, has invested in Liverpool-based Bullen Healthcare to support the company's growth plans and secure its independence. The investment will back management, led by Paul Bullen, to scale clinical services, product innovation and home-delivery capabilities across the UK; Muzinich & Co provided debt financing and several advisers supported the deal.

LDC Invests £22.5m in Marmalade Game Studio

September 28, 2021

Media & Entertainment

Mid-market private equity firm LDC has completed a £22.5m investment in Marmalade Game Studio to back the management team's growth strategy and support new game development and hiring. The transaction delivers an exit for investor Bloc Ventures and provides Marmalade with capital and board support to scale product development across its London and Lisbon studios.