News
LDC exits Wifinity following four years of transformational growth
7 Jan 2026
LDC, the leading private equity investor, has exited its investment in Wifinity, the UK’s leading independent provider of business critical connectivity for complex, multi-site and multi-tenant environments, to Arcus Infrastructure Partners (‘Arcus’).
London-based Wifinity delivers tailored connectivity solutions which traditional telecom operators lack the capability and service model to provide, serving clients across diverse markets including defence, leisure, specialist accommodation, corporate and public sector, and offshore. Founded in 2007, it now serves over a million unique devices each month.
LDC’s exit follows a successful four-year partnership with Wifinity, having backed CEO Costas Demetriou and the management team in September 2021. During that time, the business has become the UK’s leading independent connectivity provider in its markets, doubling revenue and increasing headcount by 46%.
With LDC’s support, Wifinity has driven growth by investing in its wireless network infrastructure, deepening relationships with existing clients, winning new customers across multiple sectors, and making two strategic acquisitions – offshore vessel connectivity specialist Vital WiFi and network connectivity provider Next Connex. These acquisitions expanded Wifinity’s capabilities into new markets including offshore energy platforms and commercial shipping and strengthened its technical expertise in WAN, SD-WAN and infrastructure-as-a-service solutions.
Wifinity was recently recognised as winner of the Retirement Living Awards 2025 Best Technology Enabled Environment category. Wifinity’s work was recognised in transforming connectivity across 1,700 later living communities through reliable, high-speed WiFi that enhances residents’ daily lives.
The transaction was led, on behalf of LDC, by Joseph Fison and Tom Jervis.
LDC’s strategic guidance and deep sector experience have been instrumental in our journey.”
Costas Demetriou, CEO of Wifinity, said: “LDC’s strategic guidance and deep sector experience have been instrumental in our journey to becoming the UK’s leading independent connectivity provider in the end markets we serve. Together, we’ve invested significantly in our infrastructure, launched into new markets and successfully integrated two businesses that have broadened our capabilities. We’re now excited to begin our next chapter with Arcus as we continue to deliver market-leading connectivity solutions across the UK.”
Joseph Fison, Investment Director at LDC, added: “What Costas and the team have achieved over the past four years is remarkable. They’ve delivered exceptional organic and acquisitive growth and cemented Wifinity as the clear market leader through continued excellence in service delivery. We have thoroughly enjoyed supporting the team and we’re confident that the partnership with Arcus will provide an excellent platform for the business’s next phase of growth.”
LDC and Wifinity were advised by DC Advisory (corporate finance), Debevoise & Plimpton (legal), EY-Parthenon (commercial due diligence), KPMG (financial due diligence) and Analysys Mason (technical due diligence).
Management were advised by Liberty CF (corporate finance), Addleshaw Goddard (legal) and RSM (tax).
Terms of the transaction, which is subject to National Security and Investment Act (NSIA) approval, are undisclosed.