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As LDC concludes their successful investment journey with us, we want to thank them for their support over the years. It has allowed us to stay resilient and achieve so many of our goals despite the significant disruption caused by the Covid-19 pandemic.”

Andrew Hudson, CEO
Zip World

Awards

Out of Region Deal of the Year (LDC exit)

South West Rainmakers Awards 2025

Fastest growing consumer, wholesale and retail services firm

The Fast Growth 50 Wales 2023

Go Activity of the Year

Go North Wales 2019

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With the support of LDC, we have established HSL as a market-leading TICC service provider in the UK. I’d like to take this opportunity to thank the LDC team for their unwavering support over the last few years.”

Gavin Hartley, CEO
HSL Compliance

Continued support

LDC exited its investment in HSL Compliance to IK Partners in January 2025, reinvesting for a minority stake to support the continued growth of the business.

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LDC’s track record in backing technology and media businesses really stood out for us, and we’ve already built an excellent relationship with David, Dan, Eliza and the team at LDC. They clearly understand the scale of the opportunity available to us and we can’t wait to get started.”

Nadav Shmuel, co-CEO
Precisify

Appointment of Non-Executive Chairman

In March 2025, Precisify appointed Jerry Buhlmann as Non-Executive Chairman. Jerry will support Precisify’s global expansion bringing more than 40 years of experience at the intersection of media, advertising and technology, and will work closely with Christian and Nadav.

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What solidified my decision to accept this appointment was seeing the exceptional results Precisify is delivering to brands across the biggest ad spending categories, offering them a truly differentiated solution.”

Jerry Buhlmann, Non-Executive Chairman
Precisify

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Our management team has done an excellent job over the last three years in building a market-leading platform and we have been well supported by LDC during this critical phase of our growth.”

Stuart Pender,
Founder and Chair, Lomond

Exceptional results

In November 2024, LDC exited its investment in Lomond following a transformational growth journey.

The transaction delivers a money multiple return of 3.5x for LDC.

LDC has reinvested in Lomond alongside new investor ICG, the global asset manager, the founding Chairman and management.

The transaction will support Lomond’s continued growth strategy of further consolidation through M&A in its existing markets and provide additional capital to drive expansion into new regions.

Continued buy & build

In 2025, Lomond strengthened its position in London’s property market completing 13 strategic acquisitions. This includes, the acquisition of Hamnett & Ganpot, a boutique agency with a well-established presence in the Battersea waterside area, Vantage, which services the international landlord audience, Kinleigh Folkard & Hayward, a 60-branch market-leader and Glenthorpe Properties, the Putney-based lettings specialist agency.

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We’ve had a superb journey so far with LDC. What we’ve achieved together is a testament to the hard work and passion of our people and I am delighted they will remain as a partner going forward.”

Ed Philips
CEO, Lomond

Awards

UK’s Best Workplaces (Large and Super Large)

Great Place to Work UK 2025

Best Places to Work (Big organisation)

The Sunday Times 2025

Best Places to Work (Big organisation)

The Sunday Times 2024

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When choosing an investment partner, I was immediately impressed by LDC’s commitment to the transition to net zero, as demonstrated by their partnerships with other ESG-focused businesses. With LDC’s assistance we believe there is a fantastic opportunity to continue to grow and take advantage of increasing demand for our products and services.”

Andy Richardson, CEO
Power Saving Solutions

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With the support of LDC we can invest for further growth. Its track record in backing technology businesses speaks for itself, but it was the team’s approach to the investment that made the difference. They’re already providing the kind of strategic input we expected from an experienced investment partner, but they back us as a team to lead the business and pursue our own vision and ambition.”

Neil Williams, CEO
LendingMetrics

LendingMetrics appointed software expert, David Murray, as its new Non-Executive Chair. David brings a wealth of experience with more than 30 years in software engineering and IT and will support the team at LendingMetrics pursue its growth strategy.

Awards

Medium Deal of the year (£10m-£50m)

South West Rainmakers Awards 2025

Technology Partner of the Year

Consumer Credit Awards 2025

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We thank David Andrews and the LDC team for being a supportive and impactful partner over the past five years. We’ve achieved significant scale and success, whilst continuing to create brilliant opportunities for our people and deliver outstanding work for our clients.”

Luke Smith, CEO and Co-Founder
Croud

The benefits of private equity

CEO and Co-Founder, Luke Smith, Croud, spoke about his experience with LDC and the benefits of private equity at the BVCA High Growth 2022.

Watch the video
Croud team

Awards

Best Places to Work 2024 (Big organisation)

The Sunday Times

Best Places to Work 2023 (Big organisation)

The Sunday Times

Performance Marketing Agency of the Year

Agency of the Year UK and EMEA Awards 2022 & 2020- Campaign Magazine

Digital Agency of the Year & Agency Wellbeing

The Drum Agency Business Awards US 2019

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Demand is growing for imaging devices, driven by increasingly stringent regulation and as healthcare providers work to screen for chronic illnesses and care for an increasingly ageing population. We were impressed by LDC’s track record of delivering flexible funding, helping other healthcare businesses to scale across the UK – a significant part of our growth strategy – and in successfully supporting expansion into new markets overseas.”

Siobhán Crowley
CEO, Medray

Siobhan Crowley, CEO, Medray Group, joined our healthcare leaders roundtable discussion to give her viewpoint on innovation, ESG and how private equity is helping the management team at Medray Group to achieve their ambitions.

Read the interview in our sector report
Healthcare insights v2
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We were really impressed by the team at LDC. Their experience supporting businesses just like ours here in the West Midlands, and their ability to continue to invest to support our growth ambitions, makes them the perfect partner as we look to scale. For us, it’s business as usual, but now with an expanded team and even more experience on board.”

Lukas Schlenker, Director
The Pace Group

Acquisitive growth

Since LDC’s investment, The Pace Group has made 13 complementary acquisitions. In 2024, these included Metro Lifts, Elevate UK Lifts, Elevator Group, A1 Lifts and Lift Control and in 2025, Abacus Elevators, Total Lift Care and Bourne Lifts, Exel Elevator, The Lift Company & DJ Lifts. In 2026, The Pace Group acquired Lift Smart Solutions and DeSem. These acquisitions will expand Pace Group’s reach and deepen its collective expertise and experience.

Awards

Deal of the Year (£10m- £50m)

Insider Midlands Dealmakers Awards 2025

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LDC is the leading private equity firm in our region and we know our partnership with the team will help us to continue to grow our business into the future.”

Tony Foster, Bramble Foods
CEO

Next phase development 

In January 2024, Bramble acquired The Bay Tree Food Co, an award-winning manufacturer of branded chutney, relish, sauce and jam, to accelerate the next phase of its development.

In January 2025, Bramble acquired Yorkshire-based Whitakers Chocolates, building on a 17-year relationship with the Whitakers Chocolates family owners as a supplier.  This strategic move strengthens the Bramble Foods’ portfolio, uniting iconic family-owned brands with a shared commitment to quality and heritage.

Independent Governance Group (IGG) is the UK’s leading provider of professional pensions trusteeship and governance services.

Invest for growth

LDC backed the creation of IGG following the merger of Ross Trustees and Independent Trustee Services in February 2023. This created a singular destination for best-in-class professional pensions trusteeship, scheme secretarial, pensions managerial and governance services.

With LDC’s support, CEO Andrew Bradshaw and his leadership team continued to grow IGG’s regional footprint, invest heavily in people and technology, and explore complementary acquisitions to further strengthen its service offering to clients.

This included the acquisitions of:

  • Clarity Trustees, which was founded by accredited professional trustee Karein Davie and further expanded IGG’s client base and professional team;
  • Creative communications agency like minds, which specialises in employee engagement, specifically in relation to pensions and benefits, as well as financial wellbeing, reward and branding; and
  • IC Select, the Edinburgh-based specialist consultancy which expanded the range of services IGG provides to clients to now include the selection and oversight of investment consultants and fiduciary management providers.

A commitment to innovation and sustainability

IGG has also continued to demonstrate its commitment to innovation and sustainability.

During the partnership with LDC, it launched IGGiQ, a proprietary SaaS platform that provides holistic, real-time analysis of a scheme’s investment performance, and IGGnite, its consolidated governance model for small pension schemes. Both help trustee boards fulfil their responsibilities to scheme sponsors and members.

It also launched its Sustainability Charter, setting out commitments to work with schemes and industry to promote and drive responsible investment, as well as ensuring the long-term interests of members are best served.

The Charter includes promises to members as well as wider asks of advisers and asset managers, all designed to help drive real-world change and act as a force for good within the industry.

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LDC’s knowledge of our sector and presence across the UK has helped us to grow our business in a way that allows us to both take advantage of current increased demand for our services and achieve our long-term objectives.”

Andrew Bradshaw, CEO
IGG

Remarkable results and continued support

During the partnership with LDC, IGG grew revenues and headcount by more than 300%.

Today, IGG employs more than 200 people and provides professional services to 386 pension schemes with total scheme assets of £324bn.

In October 2024, LDC exited IGG to ECI Partners (ECI) in a transaction that generated a return of 2.8x.

LDC also reinvested to support the continued growth of the business.

In November 2025, the business continued its acquisitive growth with the acquisition of pensions consultancy company, KGC Associates, to further strengthen its governance offering.

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Thank you to LDC who have supported us on our journey so far, enabling us to strengthen our market position and achieve key strategic goals.”

Andrew Bradshaw, CEO
IGG

Awards

Best Professional DC Trustee of the Year

The Corporate Adviser Awards 2023

Trustee of the Year

UK Pensions Awards 2023

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Having a strategic partner like LDC on board has given us greater firepower both operationally and financially, enabling us to further strengthen our market proposition, while continuing to deliver high quality solutions to both existing and new customers.”

Jon Slade
CEO, ENSEK

Continued growth

During our partnership the business established successful partnerships, with the likes of Centrica, one of the UK’s largest gas and electricity suppliers to both domestic and business customers.

ENSEK completed the acquisition of NrgFin, a Benelux-based consultancy and data analytics company, to help the business expand into new international territories within Western Europe.

The business also won numerous awards for its growth, including Best Performing Company and Top Performer – Industry Specific Software at the Megabuyte Emerging Stars awards in 2019, and three consecutive years in The Sunday Times Tech Track.

Watch Jon discuss why he took on private equity investment and the impact it has had on his business.

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LDC shared our vision and ambition from the outset, and supported us through some fundamental changes in the energy supply market.”

Jon Slade
CEO, ENSEK

In September 2024, LDC exited its investment  in ENSEK to Centrica for an undisclosed amount. The transaction represents a successful investment for LDC.

Awards

Best Performing Company Overall

Megabuyte Emerging Stars Awards 2019

Best Performing Company (Industry Specific Software)

Megabuyte Emerging Stars Awards 2019

The Sunday Times Top Tech Track 100

2018, 2019 & 2020

Northern Tech Awards Top 100

2019

Growth Management Team

National BVCA Management Team Awards 2019