Sector

Hybrid is a leading education media and services provider.

Investment type
  • Management buyout
Investment

£13m

Exit type
  • Trade sale
Exit date

December 2025

Quote mark

LDC has been an outstanding partner, providing not just capital but strategic support and expertise that has been instrumental in our growth journey. Together, we’ve expanded our geographical footprint, enhanced our service offering through two strategic acquisitions, and invested significantly in our technology and people. I want to thank Dewi, Oliver and the entire LDC team for their commitment to our vision and their belief in what we’re building.”

Chris Cammann, CEO
Hybrid

International expansion, acquisitions and investment in tech

One year after LDC’s investment in Hybrid, the business opened its first US office in Philadelphia and has since experienced rapid organic growth in the US, complementing its established presence in Bristol, Sydney, Shanghai and Kuala Lumpur.

Hybrid also completed two strategic acquisitions – Prompt Marketing in 2023 and Crisp Digital in 2024 – which collectively brought valuable expertise into the leadership team, strengthened Hybrid’s capabilities and technology development expertise, and added a presence in Kathmandu.

Hybrid also significantly developed its technology and data proposition with LDC’s support, including AI-powered reporting and optimisation and its proprietary Data Mapper and analytics tools, enabling it to better serve customers in an increasingly complex marketing landscape.

ESG milestones

Beyond hitting new growth milestones, Hybrid strengthened its commitment to environmental, social, and governance (ESG) principles during its partnership with LDC. The business committed to a two-year net positive roadmap, aligning with the sustainability requirements of the public institutions it serves.

Industry recognition

Hybrid’s growth trajectory was recognised with multiple industry awards during its partnership with LDC.

In 2024, the business was celebrated by the BVCA Vision programme, which celebrates the best management teams backed by private equity. The judges recognised that LDC’s investment had not only facilitated Hybrid’s rapid growth but also ensured the company was well-positioned for long-term success.

In September 2025, Hybrid was named ADWEEK’s Fastest Growing Agency. Hybrid also topped ADWEEK’s Large Agency and North East Agency categories. ADWEEK recognised Hybrid’s strong revenue growth, alongside its growth in headcount.

In November 2025, Hybrid went on to win Marketing, Advertising & Public Relations Business of the Year at the Growing Business Awards. These awards, held in partnership with Real Deals, recognise the UK’s most innovative, entrepreneurial and high growth SMEs. The judges commended Hybrid for its commitment to innovation, clear market focus and strong topline growth.

A platform for further expansion

In December 2025, LDC exited the business to EAB, a US-based education company.

The transaction followed a successful four-year partnership that delivered significant growth and international expansion, more than quadrupled revenue and tripled headcount.

AI Insights

Find out how Hybrid is adopting AI and read about how feedback from technology leaders from across LDC’s portfolio paints a picture of innovation, strategic vision, and future potential, in our AI Insights guide.

Download the guide
AI Insights

Awards

Fastest Growing Agency

ADWEEK 2025

Marketing, Advertising & Public Relations Business of the Year

Growing Business Awards 2025

Growing Business of the Year (£25m-£50m)

Growing Business Awards 2024

Vision 2024

BVCA