The LDC South operation was established in Reading in 2000. Over the past few years the investment activity has increased dramatically with equity commitment in the past five years surpassing £300million and investment activity generating over £180million of capital gains.
The current team has been working in the region for a number of years and, as a consequence, have worked with and alongside a number of key business and advisor contacts, and relationships with the vibrant regional corporate finance community has been a key to LDC South's success.
Recent investment activity by the team includes a multi-million pound MBOs of Connect Communications, GMG Property Services (now rebranded Property Software Group), the leading provider of software services to estate agents in the UK and financial services company Equiom.
Whilst MBOs remain core LDC's investment appetite includes the opportunity to support buy & build and acquisition strategies. Over the last two years, LDC's Reading team has supported the EDM Group, one of the UK's largest provider of outsourced information management services, through six acquisitions, including a significant overseas transaction. This has transformed the prospects of this business resulting in EDM Group increasing its annual turnover to circa £70million and employing 1000+ people.
The LDC South team have a commitment to increase investment in this region and look to back many more ambitious management teams from high-quality regional UK businesses.