News
LEDA Orthopaedics secures minority investment from LDC
9 Nov 2026
Cambridgeshire-based medical device distributor, LEDA Orthopaedics (LEDA), has secured a minority investment from LDC, part of Lloyds Banking Group, to support the next stage of its development.
Founded in 2013 by Jon Bloy and David Plane, LEDA distributes specialist orthopaedic products to hospitals across the UK. It works with international manufacturers to supply a wide range of medical products, with a particular focus on upper-extremity surgery. It also offers a range of services relating to its products including advice, training and support.
LDC is backing co-founders Jon Bloy and David Plane to support LEDA’s growth journey. The partnership will focus on helping the business scale by expanding into new markets and geographies, deepening customer relationships and continuing to broaden its range of innovative, specialist products. LEDA will also explore opportunities for strategic acquisitions to complement its existing offering.
The partnership will also see Graham Ewart join LEDA’s board as Non-Executive Chair. Graham has extensive experience supporting businesses within the healthcare sector on their strategic growth ambitions.
LDC’s investment was led by Investment Director, Kevin O’Loughlin and Investment Manager Alistair Smith, alongside Partner and Head of LDC in East Midlands and East of England, David Bains.
Jon Bloy, Co-Founder of LEDA Orthopaedics, said: “When we started LEDA, we wanted to combine innovative orthopaedic products with the specialist expertise and service our customers really value. We’ve come a long way since then and are incredibly proud of the team, the range of products we offer, and the deep relationships we’ve built.”
In LDC, we've found a local partner that shares our ambition and has the healthcare sector experience to help us grow. We’re excited to work together on the next stage of LEDA’s journey.”
Kevin O’Loughlin, Investment Director at LDC, added: “Jon and David have built an impressive business that combines excellent relationships across the sector, deep clinical knowledge and high-quality orthopaedic products and services. LEDA is well positioned to build on those strengths, and we look forward to supporting Jon, David and the wider team as they continue to scale the business both organically and through acquisition.”
LDC has a strong track record of supporting ambitious management teams in the healthcare sector. Over the last decade, LDC has invested £448m to back 19 healthcare businesses across the UK. The firm has supported management teams across healthcare services, pharma services and MedTech and devices, helping businesses to accelerate organic growth, expand into new markets and pursue strategic acquisitions.
LDC was advised by Bishopsgate (Corporate Finance), Mills & Reeve (Legal), PMSI (Commercial DD), FRP (Financial DD), Claritas (Tax DD), BDO (Tax Structuring), KPMG (Tax Valuation), Aon (Insurance), Risk Crew (Cyber).
LEDA Orthopaedics was advised by Benchmark (Corporate Finance), Brabners (Legal), DSA Advisory (Tax).