With a presence in London for 35 years, LDC has invested over £1.3billion during that time, collaborating with more than 200 management teams to boost the growth of their businesses. Today, our portfolio spans almost every industry sector, employing some 6,500 people.
LDC’s national partnerships are also contributing to the growth of the London economy - from the flagship stores of lifestyle brand Joules to the non-stop depots of same-day courier firm CitySprint to the 20 outlets run by fresh ingredients food-to-go chain Vital Ingredient.
Here, we take a brief look at three businesses we’ve backed financially and strategically in recent years, and the positive impacts of our continued business partnership.
For more information on Business Ambitions visit www.ldc.co.uk/cityam
Restaurants that define London - from the Coq d’Argent in the City and Quaglino’s in Mayfair, to the Bluebird in Chelsea and Plateau in Canary Wharf - are operated by D&D London.
With the city in its name, London will always be home, yet the business now operates venues in Scotland, Leeds, Paris, New York and Tokyo, with each restaurant offering a unique high-quality concept under its own brand.
LDC backed a £50million management buyout in April 2013 to support its expansion in the UK and overseas.
Today, D&D London now operates 35 restaurants globally, has recently launched a new concept, Aster, in London’s Victoria and has ambitious new plans for a rooftop restaurant in Manchester’s new Spinningfields tower.
“2017 is already shaping up to be one of our busiest for growth and new openings as we expand our ambitions in London, the UK and globally. In such a competitive and fast-moving industry, LDC has helped us to step up and expand our diverse offering to cater to constantly evolving tastes and marketplaces.”
Des Gunewardena, CEO of D&D London
Founded by Roger Bootle in 1999, Capital Economics is one of the leading independent macro-economic research companies.
LDC invested in the business in October 2014 to support its expansion in the UK and overseas, whilst helping to broaden the ownership of the business amongst its staff and strengthen its management team. Since LDC’s investment, the business has seen revenues grow considerably from clients across the globe. Capital Economics has opened new offices in the USA and Australia - creating a business that is now contactable in every major time zone.
The company has launched new services dedicated to India, the Nordic region and Switzerland, and Australia and New Zealand. New subscription revenues have complemented growth across Capital Economics’ existing client base, as well as their consultancy business which offers tailored advice to clients worldwide.
“LDC has helped to achieve a new phase of global growth for Capital Economics. A more global network of offices has brought us closer to thousands of new potential clients. We have also reached a point at which our subscription services cover every major economy in some depth, alongside an expanding set of more specialist research areas.”
Bob Dowson, CEO of Capital Economics
Online travel agent Iglu.com caters for the fast-growing cruise, skiing and Lapland holiday markets.
It was founded by former investment banker, CEO Richard Downs, in 1998 as his final year project while studying for an MBA at London Business School. The business took a digital-first approach, with the aim of giving ordinary people unprecedented opportunities to create bespoke holidays that were once the preserve of the wealthy.
LDC backed the business in June 2015 to continue its expansion. Today, Iglu.com has sales in excess of £200million a year and is now the UK’s largest independent agent of both ski holidays and cruises. It operates through three specialist websites, Iglucruise.com, Planetcruise.com and Igluski.com.
“While other private equity houses we were speaking to were asking for a majority holding and a much more controlling position in the firm, LDC was relaxed about being a minority investor. They’ve been hugely supportive: always taking on board management’s views rather than lurching to their own opinions, but also challenging our thinking as we position the business for further growth. It’s really felt like team work!”
Richard Downs, CEO of Iglu.com