Lomond Group Acquires DJ Alexander; LDC Supports Deal

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.

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.

LDC Invests in DSP to Drive International Growth

September 26, 2023

IT Services

LDC, the private equity arm of Lloyds Banking Group, has acquired DSP, a UK-based Oracle-focused database, cloud and applications managed service provider, in a deal that marks an exit for YFM Equity Partners. The investment will support DSP’s international expansion into North America and Europe and further build its product and service capabilities; DSP reports circa £30m revenue and around 200 employees across the UK and Ireland.

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.

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

January 1, 2021

Real Estate

MML Capital Partners has exited its investment in Lomond Capital, selling the business as part of a transaction that consolidated Lomond with LDC-backed Linley & Simpson. Lomond is a UK residential lettings and estate agency group that had completed multiple acquisitions under MML’s ownership and employed over 350 people at the time of the exit.

LDC Invests £17.6m to Back Amberjack Management Buy-Out

April 8, 2019

Staffing & HR

LDC, the private equity arm of Lloyds Banking Group, has invested £17.6 million to support a management buy-out of Amberjack, a UK specialist in Early Careers and large-scale recruitment programmes. The capital will be used to accelerate Amberjack's growth, invest in its software and technology offerings, and support potential complementary acquisitions.