LDC picks up a trio of awards at last night's Central & East and Yorkshire Dealmaker Awards

LDC collected three awards at the Central & East and Yorkshire Business Insider Dealmaker Awards 2018, which both took place last night.

In Central & East, LDC’s £28 million investment in Right Choice Insurance Brokers (RCIB) won ’Private Equity Deal of the Year’. RCIB is one of the UK’s leading vehicle insurance specialists and LDC’s partnership with the business is supporting its plans to invest in further developing its proprietary software and technology platform. LDC’s backing of the business was recognised for supporting the business to retain its regional brand whilst expanding.

In Yorkshire, LDC won two awards for its deals with Yorkshire estate agent Linley & Simpson and technology and data services provider NBS. LDC’s £10 million investment in Linley & Simpson in June won ‘Deal of the Year (£5m - £25m)’. LDC’s investment is already supporting the management team’s acquisition strategy with four acquisitions completed so far.

LDC’s £31.8 million investment in NBS was named ‘Private Equity Deal of the Year’. This follows on from collecting ‘Private Equity Deal of the Year’ at the North East Dealmaker Awards in September this year. NBS is a market-leading provider of technology, content and data services to professionals in the architectural, engineering and construction industries. LDC’s partnership with NBS is supporting the business to develop innovative new products and expand overseas. 

More information on the Central & East Insider Dealmaker Awards can be found here.

More information on the Yorkshire Insider Dealmaker Awards can be found here.

 

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.