Zenith is one of the UK's leading independent leasing, fleet management and vehicle outsourcing provider.

In 2008 LDC backed the management buyout of Leasedrive and during the course of a five year investment period, worked in close partnership with the management team to implement a strategic growth plan. This involved the expansion of Leasedrive’s contract hire customer base, and helping the business to identify and support the completion of complementary acquisitions.

The business delivered substantial sales and profit growth of 200%. The business acquired Masterlease UK in 2010 and also demonstrated impressive organic growth, securing a major contract with Mercedes Benz Financial Services.

In 2013 LDC completed its exit from Leasedrive and subsequently re-invested in Leasedrive, retaining an interest in the business as part of a new deal with HgCapital, which has acquired a controlling stake. 

In 2014 LDC and HgCapital merged Leasedrive and Zenith Vehicle Contracts to form Zenith. 

In 2016 Zenith were ranked 33rd the Sunday Times Top Track 250 league table. 

In January 2017 HgCapital agreed the sale of Zenith to Bridgepoint, in a transaction totalling £750m. The deal will also mark an exit for LDC, which retained minority stake in the business in 2013.