Like many Northern cities, Manchester has changed dramatically over the past 50 years, moving away from its traditional industrial roots to more of a service-based economy.
We love investing in a diversified range of businesses, and Manchester offers just that. For example, right now, creative media businesses are thriving here, partly because of the relocation of the BBC to Media City. There are also lots of technology and software businesses here because of the strong innovation and university links.
Over the past 12 months alone we’ve backed five new management teams in the region, investing £90m in the North West. One of those investments is Hill Biscuits, where we backed a management buyout earlier this year and helped the 150-year-old business to expand its production capabilities.
We pride ourselves on helping fast-growth businesses to reach their goals more quickly. Be this through adding value through our in-house consultancy team, or supporting growth through strategies such as buy-and-build.
We are a like-minded partner than can give entrepreneurs the confidence to invest in growth.
Jonathan Bell, Director and Head of LDC in the North West