LDC takes home a trio of awards at Midlands Dealmakers

LDC’s Midlands team was last night recognised for an outstanding year at the Midlands Dealmaker Awards, with the team picking up a trio of awards. 

The firm was crowned Funder of the Year in recognition of a stellar 12 months, which has seen LDC establish itself as the most active private equity house in the region. 

In the past year, LDC has backed the management buyout of Addo Food Group, exited its investment in IT solutions provider Node4 Holdings and exited its investment in A-Gas. It has also supported portfolio company Away Resorts on its acquisition of Sandy Balls Holiday Village in the New Forest, which created a group valued in excess of £100m. 

On the evening, the team also picked up Deal of the Year for its investment in Nottingham-based Addo Food Group, the UK's leading chilled savoury pastry producer. The transaction was recognised as the most significant deal in the region, having been financed, completed and advised locally. 

Andy Lyndon, Director and Head of LDC in the Midlands, also scooped Dealmaker of the Year, reclaiming the crown from 2015. He was commended for spearheading activity across LDC’s Nottingham and Birmingham offices which includes transactions such as the exit of A-Gas to global investment firm KKR, the £175m SBO of CitySprint and the £17m MBO at Panther Logistics in recent years. 

These accolades are the latest in a number of award wins for LDC, which reflect the strength of the firm’s proposition, the performance of its portfolio and the management teams that sit behind them.

Notes to Editors

  1. LDC is the private equity arm of Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority.  
  2. LDC backs ambitious management teams from UK-based medium sized companies seeking up to £100m of investment to fund management buyouts or development capital transactions.
  3. LDC invests in a broad range of sectors and has particular experience in Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure, Support Services, Construction & Property and Financial Services.
  4. LDC has a UK regional network with locations in Aberdeen, Birmingham, Bristol, Cardiff, Edinburgh, Glasgow, Leeds, Newcastle, London, Manchester, Nottingham and Reading.