LDC Invests in Creative ITC to Support Global Growth

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 Invests in Cakesmiths

March 28, 2022

Food & Beverage

LDC, a UK mid-market private equity firm, has made a growth investment in Bristol-based Cakesmiths to support the company’s next stage of expansion. The deal backs the existing management team led by Simon Harris and CEO Chris Ormrod, with David Garman joining the board as Non-executive Chair and LDC investment leads Stefan Gunn and James Garland also joining the board.

LDC Invests £25m Minority in CTI Group

March 3, 2022

Marketing & Advertising

LDC has made a £25 million minority growth investment in Manchester-based digital agency CTI Group to support the company's acquisitive growth and international expansion. CTI, which employs around 175 people and reported c. £18m revenue in the last 12 months, will use the capital to expand services, pursue add-on acquisitions in the UK and overseas, and open new offices in the USA, Europe and Asia.

LDC Makes Minority Growth Investment in IEG4

November 26, 2021

Software

LDC has completed a minority growth investment in IEG4, a software company headquartered in Alderley Edge, Cheshire that builds digital service platforms for public sector organisations. The funding will back Managing Director Paul Tomlinson and the existing management team to invest in new product development, expand the development team and drive scale and growth.

LDC Invests £13m in Hybrid

June 21, 2021

Marketing & Advertising

LDC, the private equity arm of Lloyds Banking Group, has invested £13 million in Bristol-based digital media and marketing agency Hybrid to support organic growth and enable targeted acquisitions. Hybrid, which serves higher education institutions and global technology brands and employs more than 70 people across offices in Bristol, Kuala Lumpur and Sydney, will retain its management team while founder James Craven remains as a Board Director.

LDC Invests £30m in Croud

November 22, 2019

Marketing & Advertising

Mid-market private equity firm LDC has made a £30 million minority growth investment in digital marketing agency Croud. The funding will support Croud's international expansion and further development of its proprietary SaaS platform Serpico and tech-enabled service capabilities.