AppCheck is a leading cybersecurity software provider that helps businesses to detect and resolve cyber security issues before hackers can exploit them.

It provides a best-in-class dynamic application security testing (DAST) and vulnerability discovery solution, and its product scans web applications, APIs and IT infrastructure for vulnerabilities on live systems. This helps to identify security gaps that traditional tools miss and enables businesses to take proactive action to strengthen protection.

Headquartered in Leeds, AppCheck supports organisations across a broad range of sectors including financial services, healthcare, retail, higher education and the public sector. Its customer base includes mid-market businesses, larger enterprises, managed security service providers and cyber consultancies, with clients including JD Sports, Mars Group, Access Group, SIG, First Group, Dr. Martens, University of St Andrews and Age UK.

Expanding cyber security capabilities

In May 2026, LDC backed AppCheck’s management team, led by CEO Lloyd Devey, Sales Director Ben Jackson and Technical Director Graham Bacon, with a minority investment to support the business’ long-term growth strategy.

With LDC’s support, AppCheck is continuing to invest in product innovation and expanding its capabilities across the UK and international markets.

BCIS is the UK’s leading independent construction data and cost benchmarking platform.

It provides subscription-based building cost, valuation and carbon data to the built environment and insurance sectors. The platform is trusted by property and insurance professionals, helping organisations in the UK and overseas to make informed decisions on construction projects, valuations and risk assessment.

Partnership to invest in technology and data

LDC backed BCIS’ management team, led by James Fiske, in June 2022 in a carve-out from the Royal Institution of Chartered Surveyors (RICS) to invest in the business’ technology platform and data in order to enhance its services and insight for its customers.

With LDC’s support, BCIS successfully pursued an ambitious growth strategy to establish itself as an independent platform and market-leading data and insights business.

In 2023, the business acquired price book provider Griffiths and Hutchins to expand its offering and in 2025, it launched BCIS Rebuild Plus, an AI-enabled tool that enables insurers to validate and address underinsurance across residential and commercial properties.

In March 2025, Richard Linstead, previously Chief Product and Technology Officer, was appointed CEO, with James Fiske becoming Executive Director.

Sustainable partnerships and launching new tools

BCIS invested heavily in its ESG performance during its partnership with LDC.

It launched a Cost and Carbon Materials Database to improve carbon estimating and benchmarking and partnered with former LDC portfolio company NBS to help support the industry’s transition to net-zero buildings.

In 2024, the business won the Net Zero Champion Gold Award at the Engineering Matters Awards in recognition of its commitment to decarbonising the built environment.

2026 marks 65 years of BCIS supporting the built environment with trusted construction cost data. Today, BCIS is trusted by more than 4,000 subscribing organisations across construction, infrastructure, asset management and insurance, supporting decision-making in cost planning, benchmarking, forecasting and risk management.

Four years of growth

In May 2026, LDC exited its investment in BCIS to Bowmark Capital following a four-year transformational partnership during which BCIS achieved recurring revenue growth at over 25% per annum, more than doubled EBITDA and increased headcount from 30 to more than 80 people.

Sedex is a global leader in supply chain risk management solutions. Its technology platform, tools and assessment solutions enable organisations to assess, manage and report on ESG risks and impacts across their supply chains – and help them to meet these demands.

Founded in 2004 and headquartered in London, Sedex works with more than 100,000 customers in 180 countries across 35 sectors globally.

This includes leading companies such as Sainsbury’s, KFC, Nestlé, Molson Coors, Japan Airlines and Unilever.

Building momentum together

LDC completed a minority investment in Sedex in August 2023, partnering with the existing management team, led by CEO Jon Hancock, to support their organic growth strategy and drive sustainability in supply chains globally.

Mi Hub is the global uniform solutions business and sources ready-to-wear, bespoke and technical uniforms for businesses of all sizes.

It operates through four brands: Dimensions, Alexandra and Yaffy in the UK, alongside Affinity in the US, and more than five million people globally go to work in its uniforms.

In 2019, LDC invested in Mi Hub following a corporate carve-out from US-based Tailored Brands Inc (NYSE:TLRD). LDC backed the management team to realise its vision as the company embarked on the next stage of its growth strategy as a standalone business.

This included investing in its service lines and infrastructure to grow at home and overseas and to explore complementary acquisitions to drive further international expansion.

Driving growth in North America and the UK

During the partnership, Mi Hub expanded significantly into North America through the acquisition of Affinity Apparel in 2022 and the launch of Mi Hub Canada in 2026.

Since LDC’s investment, key contracts with a number of large UK customers have been successfully renewed, with several new international contracts also secured. The business continued to work with household brands globally including many major retailers and airlines.

In 2024, Mi Hub’s Royal Warrant of Appointment to the Royal Household, first granted in 2002, was granted for a further five years, a clear testament to its commitment to quality, service, and excellence.

Mi Hub also invested in IT and eProcurement to improve the end user experience and offer account efficiencies, allowing the business to further develop its digital footprint.

LDC’s Value Creation Partners team supported the management team in defining and rolling-out a comprehensive marketplace strategy across multiple-markets, starting with the UK and rapidly expanding across the EU and beyond. 

Accelerating ESG performance and achieving carbon targets early

With LDC’s support, Mi Hub accelerated its plans and developed new initiatives to make
more improvements across key areas of its ESG performance. The business now has a dedicated ESG team to ensure its strategy continues to be cutting edge and industry leading.

The ‘Mi ESG Hub’ allows users to explore Mi Hub’s ESG pillars and objectives and how the business has been doing to achieve these goals. The site also hosts their ‘ESG reports’ which are published every August, with a mid-year update published in January. 

Key ESG Milestones

• ISO 14064-1 Verification for its Carbon Footprint – Mi Hub became the first in the industry to achieve ISO 14064-1, delivering accurate, activity-based carbon data to support customers’ net zero goals.
• Achilles Silver: Transparent Sustainable Supply – Mi Hub achieved a score of 89 with Achilles, a clear recognition of its commitment to meeting high industry standards in ESG, health and safety, cybersecurity, and financial performance.
• Awarded the prestigious EcoVadis Silver Medal, a recognised global standard for corporate social responsibility and sustainability performance and was named in the top 15% of apparel manufacturing companies.
• Received a Carbon Disclosure Rating of an B for Climate , C for Water Security and an A- rating in its Supplier Engagement Assessment. This shows that the company has made a meaningful commitment to managing its environmental impact, providing clear and actionable data regarding its carbon footprint and climate-related policies.
• Mi Hub developed and implemented a robust carbon reduction plan supported by a Science-Based Targets (SBT). It has exceeded its near-term SBT, cutting Scope 1 & 2 emissions by 47.3% in 2025, five years ahead of its 2030 carbon reduction goal.
• It became a Carbon Literate Organisation Bronze with its own bespoke training being rolled out across the Group.
• Developed a Circular bi Design approach, using recycled and reusable materials, repurposing redundant stock, partnering with charitable recycling bodies and creating designs that remove unnecessary trims as well as a Packaging Strategy, resulting in the reduction of plastic and cardboard.

A successful exit 

In April 2026, LDC agreed to exit its investment in Mi Hub to Sullivan Street Partners (SSP) following a six-year partnership. The transaction completed in May 2026.

Daintta is a leading professional services firm delivering technology into secure environments.

Daintta delivers high-complexity technology projects across data intelligence, cyber security, networks and communications, and AI engineering, helping clients to design, secure and protect their data and technology systems.

Founded in 2019 and headquartered in London with an office in Cheltenham, Daintta serves both public and private sector clients including central government departments and companies in the healthcare and telecommunications sectors.

Its team of more than 80 highly skilled consultants and engineers works in complex environments and uses innovative methods to solve the hardest data challenges to help organisations make more informed and accurate decisions.

Daintta was featured in The FT1000: Europe’s Fastest-Growing Companies ranking in both 2025 and 2026.

Driving innovation in secure environments

In April 2026, LDC backed Daintta’s management team, led by co-founders Justin Teutsch, Abu Sayed and M Alexander, to support the business’ ambitious organic growth strategy.

With LDC’s support, Daintta is expanding its professional services and deepening its specialist, security‑critical competencies.

Global Autocare (Global) is a leading provider of unique fleet solutions to large and small-scale businesses across the UK. Its services include daily rental, contract hire, fleet management, mobility solutions, maintenance and repair, movements and storage.

Backing an ambitious growth strategy 

In December 2019 LDC made a minority investment in Leeds-based Global to support Founder and Managing Director Geoff Bloore and his executive management team.

LDC’s support and investment helped to accelerate Global’s national growth plans, building on its strong relationships with some of the world’s leading automotive manufacturers.

Supporting the transition to low‑carbon fleet solutions

In 2024, Global was the official vehicle supplier for the World Athletics Indoor Championships and supplied a sustainable vehicle fleet for the event that attracted more than 700 athletes and thousands of spectators to Glasgow’s Emirates Arena. This partnership enabled Global to showcase its focus on decarbonising UK vehicles by eliminating tailpipe emissions and transitioning to electric fleets for its corporate clients.

Global’s report ‘Driving for the Future’, published in 2026, highlighted how evolving customer behaviour and fleet composition are shaping Scope 3 Category 13 emissions, the steps the business is taking to accelerate low carbon mobility across the markets it serves and how rapid car fleet decarbonisation and flexible mobility solutions can support sustainable progress towards net zero.

Delivering impressive growth and strengthening market position

During the six-year partnership with LDC, Global more than doubled revenue and tripled profits, while establishing itself as a leader in sustainable fleet solutions for corporate clients.

The partnership also enabled Global to develop valuable relationships across LDC’s portfolio. The business supplies more than 600 vehicles to 17 LDC portfolio companies, both past and present, demonstrating the value of LDC’s scale and its ability to unlock value through cross-sell.

LDC exited its partnership with Global in April 2026, with the executive management team taking the business forward into its next phase of growth.

Headquartered in Warrington, PAM Healthcare Limited (PAM) provides occupational health and wellbeing services to blue-chip corporate and public sector clients.  

PAM’s services include health surveillance, absence management, physiotherapy, employee assistance programmes and specialist assessments, which are delivered by more than 450 employees and supported by a network of associate clinicians.

Growth through transformation

In 2021, LDC invested in PAM to help the management team to deliver organic and acquisitive growth. This included developing new products and services, completing three strategic acquisitions and launching a dedicated training academy in Warrington.

In 2022, PAM launched its social value blueprint, Do The Right Thing, to help its workforce, clients, stakeholders and communities to live better, healthier and happier lives.

i247 is a leading provider of technology-led fleet management services and custom software solutions for the automotive leasing sector.

Headquartered in Poole, i247 helps vehicle leasing companies to manage their fleets more efficiently and effectively via its proprietary technology platform, Flex 247.

Its offering includes 24/7 service, maintenance and repair (‘SMR’) support, tyre management and preventative fleet management services, helping to keep customers’ vehicles on the road for longer and reducing maintenance costs.

The family-run business employs 270 people and manages more than one million vehicles for customers including Alphabet, Arval, Ayvens, Lex Autolease, Novuna Vehicle Solutions and Volkswagen Financial Services.

Supporting innovation and excellence in fleet management

In March 2026, LDC backed i247’s management team, led by CEO Sam Mason, to support its ambitious growth strategy, which is underpinned by continued delivery for customers and the expansion of its product portfolio both in the UK and internationally.

With LDC’s support, i247 is also prioritising technological innovation to strengthen its platform, unlock new capabilities and enable customers to benefit from emerging opportunities such as connected vehicles and AI.

Frankham Group is a leading, multidisciplinary, property and construction consultancy.

Founded in 1982 by Steve Frankham MBE as a building surveying practice, today Frankham delivers a broad range of end-to-end services spanning fire and building compliance, surveying and project management, engineering and design.

It employs c. 250 people, has more than 700 private and public sector clients, and works on projects in sectors including housing, infrastructure and commercial.

Headquartered in Sidcup, Kent, the business has historically focused on London and the South East, but has recently expanded to other parts of the country, most recently opening an office in Birmingham – its fifth site alongside Sidcup, London, Stevenage and Oxford.

Expanding support for the built environment

In March 2026, LDC backed CEO Richard Chitty and his current management team to accelerate the business’s next phase of growth, which will include exploring complementary acquisitions as it looks to further expand its geographic reach. This partnership follows Steve Frankham MBE retiring after leading the business for more than 40 years.

Eagle Eye Innovations (EEI) is a leading provider of drone training, operating and consulting services.

Headquartered in Lincoln and founded in 2013, EEI provides a variety of services to organisations requiring skilled, regulatory-compliant drone operators across multiple sectors including the built environment, utilities, infrastructure, agriculture, logistics, media, security and defence.

It also offers a comprehensive service to assist clients with UK Specific Operations Risk Assessment (SORA) applications, ensuring compliant drone operations in an increasingly complex regulatory environment.

With applications ranging from infrastructure inspection and utilities surveying to precision agriculture and aerial mapping, commercial drone technology is transforming how organisations operate. EEI has scaled rapidly, securing multi-year contracts with major clients, and now employs more than 60 people.

In November 2025, EEI became the first accredited provider for the new CAA Remote Pilot Certificate Level 1, helping to professionalise training and raise safety standards across the UK drone industry. Siôn Roberts, Founder and CEO, was named in LDC’s Top 50 Most Ambitious Business Leaders programme in 2025.

Expanding industry-leading drone services

In February 2026, LDC backed EEI’s management team, led by founder and CEO Siôn Roberts, COO Dom Smith and CCO Alex Kasperczyk, to expand the business in the UK and internationally, and continue to deliver industry-leading drone services across all genres and classifications of drone technology.

As part of the transaction, Rob Clarke, previously CEO of CTC Aviation, joined the board as Non-Executive Chair, bringing extensive experience in commercial pilot operations and aviation operations consultancy.

Wifinity is the UK’s leading independent provider of business critical connectivity for complex, multi-site and multi-tenant environments. The business serves over a million unique devices each month.

Based in London and founded in 2007, Wifinity delivers tailored connectivity solutions which traditional telecom operators lack the capability and service model to provide, serving clients across diverse markets including defence, leisure, specialist accommodation, corporate and public sector, and offshore.

Connecting more customers

In September 2021, LDC backed the Wifinity management team – led by CEO Costas Demetriou – to continue to grow, both organically and through acquisition.

The partnership enabled Wifinity to invest in its wireless network infrastructure, deepen relationships with existing clients and win new customers across multiple sectors.

Wifinity also made two acquisitions; offshore vessel connectivity specialist Vital WiFi and UK network connectivity provider Next Connex – to expand its capabilities into new markets including offshore energy platforms and commercial shipping and strengthen its technical expertise in WAN, SD-WAN and infrastructure-as-a-service solutions.

Bristol-headquartered Hybrid is a leader in higher education marketing, operating across the UK, APAC and the US, with a fully integrated service offering combining insights, AI-driven technology, creative, strategy and digital marketing.

Its services help to drive student enrolment for leading higher education institutions around the world, including the University of Bristol, the University of Glasgow and Adelaide University.

A growth partnership

In June 2021, LDC invested in Hybrid and supported the management team, led by CEO Chris Cammann, as it pursued an ambitious domestic and international expansion strategy.

As part of the transaction, Hybrid appointed industry pioneer Jerry Buhlmann as Non-Executive Chairman. Jerry brought more than 30 years’ experience in media and advertising to the business, having previously been CEO of Aegis Group PLC and then Dentsu Aegis Network.