Awards

Best Global Communications Campaign

IoIC National Awards 2023

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This new investment from LDC gives us significant firepower to help accelerate our ambitious growth plans. This investment is all about continuing our existing trajectory over the longer term.

I have been talking to LDC for more than a decade and believe they’re the partner we need for the next stage in our journey. We have a strong M&A playbook while driving further innovation and organic growth; we’re very much looking forward to working with Yann Souillard and the LDC team.”

David Rabson, CEO
Acora

Awards

Deal of the Year (above £10m)

Insider East Midlands Dealmakers Awards

Security Leader of the Year

Women in IT Excellence Awards

Commitment to People Development Award

East Midlands Chamber of Commerce’s Nottinghamshire Business Awards 2019

Customer Service Excellence

Nottingham Post Business Awards

SME Deal of the Year

Littlefish – Insider Midlands Dealmakers Awards

1* Star Accreditation

Sunday Times Best Companies

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LDC’s relationship-focused approach, coupled with their sector knowledge and experience of supporting international growth strategies made them the perfect choice of partner to support TMC on the journey ahead.”

Julie Matthews, Co-Founder and Non-Executive Director
TMC Pharma Services

In May 2024, TMC announced the appointment of Simon Estcourt as Chief Executive Officer. Simon joined from Abacus Medicine Pharma Services, where he served as Managing Director. The appointment is part of the company’s long-term succession plan and Simon succeeds Julie Matthews, who will continue as a Non-Executive Director to support further expansion.

Simon Estcourt, CEO, TMC Pharma Services, joined our healthcare leaders roundtable discussion to give his viewpoint on innovation, ESG and how private equity is helping the management team at TMC to achieve their ambitions.

Read the interview in our sector report
Healthcare insights v2

WATCH THE VIDEO

Together Caring for Rare Disease

TMC Pharma Services was part of a news-style programme produced by ITN Business to mark Rare Disease Day on 28 February. The programme, ‘Together Caring for Rare Disease’, has been produced in partnership with Genetic Alliance UK and covers the complexity and life-limiting impact of rare diseases, along with how technology, science, treatment and management can make a difference, and includes interviews with the TMC Pharma team about their work.
WATCH THE VIDEO
Play Together Caring for Rare Disease

Awards

Rare Disease CRO of the Year

Healthcare and Pharmaceutical Awards 2026

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It’s been fantastic to see so many schools globally embrace the power of virtual reality and we’re excited to be working with LDC to support our next phase of growth. LDC’s sector experience from supporting leading ed-tech businesses like Texthelp was crucial when choosing a private equity partner to support our vision.”

Huw Williams, CEO
Avantis

Global expansion

Since entering the US in 2007 and opening its first US office in 2021, the business now serves 2,500 US schools and just over 1,200 school districts. As the business continues to grow its global footprint and strengthen its position in the US market, it is forecasting revenue and EBITDA growth of more than 50% in 2024. In 2023, Avantis generated £23m in revenue with EBITDA of £6.4m.

Avantis is targeting further US district-wide deals by expanding its range of educational experiences that are aligned with US curricula. For the 2023-24 school year, Avantis aligned more than 400 of its lessons to US State Standards in science, social studies and English Language Arts. The company is also looking to drive growth in EMEA and Asia, and will continue to invest in content development to increase revenue from software subscriptions.

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It’s been a privilege to work with Huw and the wider team, and we look forward to supporting their ambitions as the business grows and positively impacts students across the world.”

Aziz Ul-Haq, Partner
LDC

Demand for VR in US schools spurs growth for Avantis

CEO of Avantis Huw Williams spoke to Times Enterprise Network about the business’ expansion across international markets including the US, where revenue is growing rapidly.

Read article
Avantis US expansion news

Awards

Innovation Award

The King's Awards 2026

Generator Award

EdTechX Awards 2023

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LDC has been an invaluable partner to Aqualisa. We have built a great team and with their support have been able to invest and innovate. We have made great strides through the development of products that are smarter, safer and greener.”

Mat Norris, CEO
Aqualisa

 A partnership with Fortune Brands

In August 2022, LDC exited its partnership with Aqualisa to US-headquartered Fortune Brands (NYSE) in a transaction that valued the company at £130m – a near-threefold increase since LDC’s original investment.

As part of the Fortune Brands group, Aqualisa will continue to scale its international presence, taking its British designed products to more markets around the world.

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We now have a fantastic opportunity to further build on what we’ve achieved to date as we become part of the Fortune Brands group and look to accelerate our growth globally with them. I’d like to thank the team at LDC for their long-term support to our business.”

Mat Norris, CEO
Aqualisa

Awards

Innovation (Technology)

The Queen's Award for Enterprise

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Our team has worked incredibly hard over the last couple of years to strengthen our range of products and services. With LDC’s support we’re now at an exciting stage of our journey to broaden our proposition through technology and service.”

Tim Williams, Founder
Cellhire

Joining the global drive to net zero

Cellhire has partnered with a specialist consultant to bolster Project ACT, its journey to net zero project, to allow it to understand and measure its carbon footprint in a granular, actionable way. The partnership will ensure that Cellhire’s journey to net zero is not just ambitious but also delivers meaningful, measurable actions.

Awards

Best Tech Innovation Award

Broadcast Tech Innovation Awards 2024

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Rob and the rest of the team at LDC fully supported our strategy to grow our business. They encouraged us to be bold with our plans, and to act quickly and efficiently for the benefit of our customers. We could not have asked for a more supportive and engaging partner.”

Alan Sampson, CEO
Solid Solutions

International trade exit

In June 2022 LDC exited Solid Solutions to TriMech, a US-based technology and business solutions partner for designers, engineers, and manufacturers.

During LDC’s partnership, Solid Solutions increased revenues by more than 35%, up to £73m. The business employs more than 250 people and was recently rated as one of the 75 best companies to work for in the Midlands by its employees.

Awards

International Deal of the Year

Insider Midlands Dealmakers Awards 2022

Deal of the Year

Insider Midlands Dealmakers Awards 2020

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I joined the business in the wake of the LDC investment and it’s been a fantastic first year. The traction we’re making has been greater than we thought it would be. We’ve almost doubled the workforce in this time too which has meant we have brought in new talent to go alongside the existing skilled workforce.”

Andrew Thompson, CEO
Cleveland Group

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As soon as we met Gareth at LDC, we knew that LDC was the right partner to support our growth plans. They have helped to bring in new experience and perspectives to our business, and it’s a real benefit that their Newcastle office is only a short distance away. We feel well supported to continue our growth from our base here in the North East.”

Johnathan Bulmer, Co-Founder
Cleveland Group

Awards

Gold – Health and Safety Performance

The Royal Society for the Prevention of Accidents

The Growth 100 (No. 52)

The FEBE Growth 100 list for 2023

The High Growth Business of the Year

SME Business Awards 2022

North East Company of the Year

The North East Business Awards 2022

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I had a lot of preconceptions about private equity before this process started. I imagined ruthless moneymen coming out of the City, without much empathy or understanding of how to run a creative business. Instead, from day one, LDC have added value and have been very respectful of our culture and the way I run my business.”

Grant Mansfield, CEO and Founder
Plimsoll Productions

Plimsoll attracted its highest audiences to date during our three-year partnership – with standout productions including Apple TV+ documentary series Tiny World and Channel 4’s Handmade: Britain’s Best Woodworker and used innovative strategies to extend the global reach of its content.

In 2021, the company also embarked on its first co-production series with ITV – the upcoming Stephen Fry-narrated documentary A Year on Planet Earth – which involved forming commercial partnerships with international broadcasters, including Tencent in China and Fox Nation in the USA.

It now produces more than 70 series for broadcasters including Netflix, Disney, Apple and Natural Geographic and is the biggest independent producer of natural history programmes in the world.

A partnership with ITV

In June 2022, LDC exited its investment in Plimsoll Productions to ITV plc in a transaction that values the independent television production company at £131m.

Plimsoll remains an independent brand and the existing management team will continue to run the business and play a key role in programme development to maintain Plimsoll’s creative pipeline.

“We wanted to build a TV production business of scale – that’s why LDC are such an important part of the Plimsoll story.” Hear from Grant and Jonathan at Plimsoll on their journey.

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We have really valued our partnership with LDC. The team has supported and empowered us to achieve our ambitions on our own terms, with creativity, inclusivity and the pursuit of excellence at the core of everything we do.”

Grant Mansfield, CEO and Founder
Plimsoll Productions

Awards

Deal of the Year

South West Insider Dealmakers 2020

Company of the Year

South West Insider Dealmakers 2020

Profit Track 100 (Ranked 3rd)

The Sunday Times, 2020

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Bringing on board an experienced investor like LDC means we can now accelerate investment in our services and further unlock the potential we see across our business and the markets in which we operate, both in the UK and overseas.”

Lois Heywood, CEO
Asset Solutions Group

A firm footing for the next step

In June 2018, Lois Heywood and her management team chose to partner with LDC and together we facilitated the carve out of the business from international facilities management services company, OCS Group Ltd.

The deal, which included a £13m investment from LDC, saw the firm’s six-strong management team co-invest for a significant stake.

Moving forward

The company is investing further in technology-enabled services, consolidating its position in the UK and reviewing expansion opportunities into several overseas markets where it sees significant growth potential.

In April 2021, Asset Solutions Group sold its vehicle and asset audit business, Vehicle & Asset Solutions, to Auxiga Group. Auxiga – which is backed by Andera Partners, a French private equity firm – provides inventory services and asset control/inspection services to banks and financial institutions.

LDC exited its shareholding in Asset Solutions Group in 2022 following a successful four-year partnership.

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I’m grateful for LDC’s long-term support and for backing our plans to continue to invest in our locations throughout the pandemic.”

Bruce McKendrick, CEO
Forest Holidays

Sykes shares Forest Holidays’ approach to sustainable tourism which strives to have a positive impact on the planet and local communities whilst providing memorable shared experiences for its customers. The combined business will be united by a common purpose to bring further benefits to nature, people and local communities.

Awards

Deal of the Year

Insider Midlands Dealmakers Awards 2022

Social Responsibility Management Team of the Year

Forest Holidays – Midlands BVCA Management Team Awards