LDC Backs Management Buyout of Tes Global's Supply Agencies

LDC Backs Secondary Buyout of ELE Advanced Technologies

October 3, 2019

Manufacturing

LDC (Lloyds Development Capital) has invested in ELE Advanced Technologies in a secondary buyout, backing the current management team and marking an exit for Albion Capital and Maven Capital Partners. The investment will fund organic growth and manufacturing-capacity upgrades to strengthen ELE's position as a strategic supplier to aerospace, industrial gas turbine and automotive OEMs.

Onex Partners V Acquires Tes Global from Providence Equity Partners

December 7, 2021

Education

Onex Corporation, through its Onex Partners V fund, has agreed to acquire Tes Global from Providence Equity Partners; Tes management will reinvest alongside Onex. Tes is a London-based education technology provider powering school and teacher products (staff management, safeguarding & compliance, pupil & learning management) and employs over 500 people across multiple offices worldwide. The deal is expected to close in Q1 2022 and financial terms were not disclosed.

LDC Backs Management Buyout of Shield Group International

April 30, 2019

Environmental Services

LDC has invested £20 million to back a management buyout of Shield Group International (SGI) from Kiwa. The capital will support SGI's independence and a buy-and-build strategy to accelerate organic growth and add complementary environmental testing, inspection and health & safety services across Europe and internationally.

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.

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.

LDC Backs Management Buyout of SRL Traffic Systems

September 16, 2019

Industrial Services

Mid-market private equity investor LDC has invested £24 million to support a management buyout of SRL Traffic Systems, led by CEO Richard Tredwin and his management team. The funding will be used to expand SRL's hire fleet, develop manufacturing capability, invest in new product development and pursue targeted acquisitions as the company scales across the UK.