LDC has promoted Chris Wright to Head of LDC in the South.
Based in the firm’s Reading office, Chris will be responsible for driving investment opportunities, leading transaction activity and supporting the growth of LDC’s portfolio of companies across the region. This includes cloud communications specialist Babble, leading vendor of HR software CIPHR, and field-service logistics and technology provider ByBox.
Chris has worked at LDC since 2013, spending the first four years in the Manchester office as an Investment Director before joining the LDC South team in December 2017. Chris led LDC’s recent investment in BWML, the largest operator of inland marinas in the UK, supporting the development of the existing marina estate to continue to improve customer experience, broaden its leisure services and add new locations.
The team based in Reading, part of LDC’s 50-strong national team, will play an important role in delivering LDC’s pledge to invest £1.2bn of equity nationwide into ambitious high-growth companies over the next three years.
Chris Wright, Head of LDC in the South, said: “Since I joined the LDC South team in Reading, I’ve been continually impressed by the concentration of high quality businesses, entrepreneurs and advisors across the Southern region. In my opinion, this is one of the most vibrant places in the UK to invest. Working closely with the team in Reading and our advisor partners across the region, I will continue LDC’s support of ambitious management teams with funding and expertise to help grow their businesses.”
LDC in the South has invested over £540million since 2000, backing more than 60 of the most ambitious management teams in the region across a range of sectors.