Corporate News

LDC Scotland welcomes new Investment Director

LDC, the leading mid-market private equity investor, has bolstered its team in Scotland with the appointment of Lee Donaldson as Investment Director.

Lee will work alongside Director and Head of Scotland Mark Kerr and Investment Director Colin Bennett to further strengthen the firm’s operations in Scotland and drive new investment opportunities across the country’s growing group of medium-sized businesses.

Lee joins from RBS, where he most recently led the bank’s structured finance team in Aberdeen, specialising in providing debt packages for M&A activity, including private equity transactions across a broad range of sectors. He has over 20 years’ experience of working directly with Scottish businesses.

Mark Kerr, Director and Head of Scotland at LDC, said: “We are committed to supporting ambitious management teams across Scotland as they grow their businesses. Lee’s addition to the team means we can better support more firms considering private equity.”

Lee Donaldson, LDC Investment Director, added: “I am really excited to be joining LDC at such a crucial time for business in Scotland. There are hundreds of high-growth mid-market businesses based in Scotland and we’re keen to partner with those management teams looking to take the next step in their journey.”

Image - L-R - Colin Bennett, Mark Kerr, Lee Donaldson

Lee’s addition to the team follows a successful period for LDC in Scotland, notably its £15million investment in the leading optical provider in Scotland, Duncan & Todd Group. Since the investment in February, LDC has supported the management team’s ambition to grow, helping the firm to bring three complementary businesses into the group and increase its retail footprint across Scotland.

To date, LDC has invested almost £100million in Scottish businesses to support ambitious management teams realise their growth strategies.

The firm, part of Lloyds Banking Group, has pledged to invest £1.2billion over the next three years as part of its commitment to supporting Britain’s small and mid-sized firms.

 

Article Footnotes

Notes to Editors

  1. LDC is part of the Lloyds Banking Group and is authorised and regulated by the Financial Conduct Authority
  2. LDC back ambitious management teams from UK-based companies seeking between £2m and £100m of equity for management buy-outs, institutional buy-outs or development capital transactions.
  3. LDC invests in a broad range of sectors and has particular experience in Construction & Property, Financial Services, Healthcare, Industrials, Retail & Consumer, TMT, Travel & Leisure and Support Services.
  4. LDC has a UK regional network of 9 offices.