Headquartered in Newcastle, NBS employs more than 200 people.
In June 2018 The Royal Institute of British Architects (RIBA) and LDC agreed a partnership to support the future growth of RIBA Enterprises Ltd, the commercial arm of the RIBA which trades as NBS.
LDC is investing £31.8m for a significant minority shareholding in NBS. Together the RIBA and LDC are supporting the business, led by the current CEO Richard Waterhouse and existing management team, in delivering its future product development and international growth plans.
LDC’s £31.8m investment in NBS was named 'Private Equity Deal of the Year' at the North East Dealmaker Awards and the Yorkshire Dealmaker Awards.
Richard Waterhouse, CEO, NBS
We are delighted to be working with LDC on the next stage of our growth plan that will see NBS strengthen its offering in the UK and overseas, following a recent expansion into Canada and Australia. Bringing in a new partner alongside our long term investor, the RIBA, will create the perfect mix of experience in the market with high growth expertise.