Scotland has a long legacy in the oil and gas industry but the business landscape here is evolving. New industries began emerging after the recession and there are many successful technology businesses here now, such as travel giant Skyscanner and Fanduel, the fantasy sports company.
And while Scotland has a fantastic heritage in food and drink -off the back of its whisky industry -many businesses are now forging a global reputation for their produce.
LDC, which has investment professionals based both in Aberdeen and Edinburgh, has backed a wide range of businesses here. Some hail from traditional industries, like oil and gas support services firm Ramco in Aberdeen, while PDG Helicopters, the UK’s leading aerial infrastructure support services company, based in Inverness, has invested in its fleet to keep up with growing demand for its services.
Scotland is a natural home for LDC, because of the dual nature of its business community. It is peppered with legacy firms which have stood the test of time, but also entrepreneurial early-stage and mid-market companies.
Firms here thrive because of the talent pool created by local universities, the availability of bank and public sector finance, and the fantastic quality of life.
Over the past eight years, we've invested more than £100m in Scottish businesses, with our current portfolio supporting more than 500 jobs. We're committed to maintaining this level of support to continue to drive the Scottish economy forward.
Mark Kerr, Director and Head of LDC in ScotlandBacking Business Ambition 2017