Five LDC-backed firms recognised in top 100 fastest growing technology companies in the North

LDC backed Giacom, ENSEK, Evolution Funding, Mitrefinch and Eque2 all featured in the top 100 of the 2019 Northern Tech Awards. The annual awards, presented by global technology advisory and investment firm GP Bullhound, celebrate and showcase the fastest growing tech businesses in the North of England and Scotland.

This year’s top 100 league table contained some of the brightest and most successful tech companies in the UK, based in the North, including five LDC-backed firms, which is a real testament the growth that LDC continues to support.

Fast-growing specialist cloud service marketplace Giacom, placed 7th in the top 100. The business supports a network of more than 4,000 IT consultants, service providers and re-sellers through the Giacom Cloud MarketTM platform.

Nottingham headquartered ENSEK, featured at number 12. It uses its market-leading, software-as-a-service (SaaS) platform to provide existing energy suppliers with its revenue assurance and gross margin accounting product.

Evolution Funding, a B2B car finance broker with market-leading technology based in Chesterfield, placed 77th in the list. The firm secured backing from LDC earlier this year support its future expansion.

York-based Mitrefinch placed 93rd in the list. The firm provides an integrated suite of HR spanning time and attendance, rostering, HR and payroll.

Finally, Eque2 came in 100th on the list. Based in Manchester, Eque2 supplies business management software to more than 1,400 customers in the construction, house building and contracting industries.

LDC is actively looking to partner with ambitious management teams that lead firms with a clear growth plan like the businesses featured in the Northern Tech Awards. This year, LDC is committed to investing £150m across the North of England and Scotland to help ambitious management teams further grow their business.

You can find out more information on the Northern Tech Awards here: https://northerntechawards.com/

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.