LDC Takes Minority Stake in Global Autocare

December 20, 2019

Mid-market private equity firm LDC has acquired a significant minority stake in Leeds-based fleet management and corporate mobility provider Global Autocare to back the existing management team and accelerate the business's national growth plans. The deal keeps founder Geoff Bloore and the management team in place, brings former PE investor John Walker in as Non-Executive Chairman, and sees NatWest remain as incumbent senior lender.

Buyers
LDC
Targets
Global Autocare
Industry
Transportation
Location
West Yorkshire, United Kingdom
Transaction Type
Growth capital

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