Since the business’s inception in 2001, ghd has experienced exponential growth winning the Sunday Times Fast Track 100, fastest growing business award in 2005 whilst establishing one of the most powerful and sought after brands in the hair care industry.
In 2006, LDC backed a management buy-out of Jemella Group to support the business’s global expansion strategy. During LDC’s investment, employee numbers rose from 180 to 300 and turnover grew from £56million to £80million.
In 2007, LDC sold its stake in Jemella Group as part of a £160million management buyout to Montagu Private Equity.
ghd has successfully expanded its international footprint over the last 12 months whilst maintaining its pre-eminent position in the UK market. Thanks to their passion and commitment, the management team has significantly increased the business’ scale during this period, delivering impressive sales, profit and employee growth, and it’s now in a strong position to become a dominant global fashion brand. We wish the team and Montagu every success in the future.Managing Director, LDC