LDC’s Bristol office was last night recognised at the South West Dealmaker awards, taking home a trio of awards.
The team was crowned Private Equity House of the Year, having completed some of the region’s largest deals over the last 12 months with a combined value of more than £150m. This includes the management buyout of Europe’s largest water treatment manufacturer, ADEY and investment in Weymouth-based ID card business Magicard from security group Ultra Electronics. LDC also completed the sale of Taunton-based Ministry of Cake to French dessert manufacturer Mademoiselle Desserts.
The management buyout of ADEY was singled out as the region’s Deal of the Year, with the judges attributing the win to the vast growth potential of the firm and the sheer volume of South West advisers which were involved in the deal. Judges said exiting founder Chris Adey over the years has done a “great job creating and bringing on the business” and chief executive John Vaughan and the new management team are on an exciting new path with LDC
Head of LDC in the South West and Wales Alistair Pendleton was also recognised for his outstanding contributing to deal making community in the South West, being awarded ‘Dealmaker of the Year’ because of his “management-led approach to dealmaking”.
For further information about this year’s South West Dealmaker awards, please visit: https://www.insidermedia.com/insider/southwest/alistair-pendleton-crowned-dealmaker-of-the-year-2017