Magicard is one of the World’s leading manufacturers of secure desktop ID card printers & software. Logo

Magicard is one of the World’s leading manufacturers of secure desktop ID card printers & software.

The business operates sales offices in the UK, US, Dubai and China. Over 70% per cent of its £19.3million revenues comes from international markets, where it sells to more than 100 countries.

The global market for secure desktop ID printers is forecast to grow at a CAGR of 6% between 2014 and 2019, thanks to increasing focus on identity authentication amongst corporate and government organisations and localised, instant issuance. 

In May 2016 LDC backed the £22million management buyout of Magicard, from listed defence and security group Ultra Electronics Holdings plc. Following LDC’s investment, the business plans to focus on driving sales of its new Helix retransfer printer and increasing its expansion into new international markets.

This is exciting news for Magicard and our global network of loyal partners. This deal, along with the recent development of our Helix retransfer printer, gives the management team the opportunity to drive the business forward as owners and unlock the potential of the business, developing new products and targeting new geographies. LDC's investment adds the capital we need to accelerate our expansion, as well as a strategic partner who understands and supports our ambitions for the future. Andy Matko, CEO, Magicard