The East Midlands is home to many vibrant industries. Sectors such as life sciences and pharmaceuticals have thrived because of Nottingham’s BioCity, whereas the region’s excellent transport links have bolstered our logistics prowess.
It’s part of the reason why courier service Panther Warehousing is thriving. We backed the management buyout of the Northampton-headquartered business last year to drive further growth and invest in its operations. Turnover has doubled to £30m in just over two years.
The advantage of the East Midlands is its central location, which helps it do business with the rest of the UK. Transport links are improving all the time and the government’s Midlands Engine strategy is set to drive further growth.
At LDC, we pride ourselves on operating a regional model. Being on the ground means we can respond quickly to firms hungry for investment, and work closely with our portfolio companies when they need support.
Across the Midlands we have invested in more than 25 diverse businesses over the last five years, providing nearly £550m of growth capital. Entrepreneurial spirit is thriving here and we shape our deals, and the support we offer, to suit the management teams with the ambition to grow.
John Green, Head of LDC in the East MidlandsBacking Business Ambition 2017