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Our partnership with LDC recognises our unique proposition and growth potential, and will enable us to accelerate the rollout of new sites into major cities.”

Roger Wade, Founder
BOXPARK

In March 2025, BOXPARK appointed Matt Snell as CEO. He spearheaded the roll out of its brand new site, BOXHALL City, in April 2025. Located in the heart of Liverpool Street, London, the new food hall brings together a mix of 13 food and drink concepts in the restored Metropolitan Arcade. 

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LDC have been a great supporter of our group and their investment and backing has been shown in the growth we have seen under their tenure. We’re now in a market leading position, with a more diverse portfolio, and better-invested manufacturing facilities and we are looking forward to the next stage of our journey.”

Deborah Bolton, CEO
Addo Food Group

Continued growth strategy

In April 2017, LDC backed the secondary buyout of Addo to support the management team’s continued growth strategy.

This included investing in product innovation to meet increased consumer demand for plant-based products and driving growth across its customer base of leading UK retailers and supermarkets. It recently launched a range of vegan sausage rolls for Wall’s and Pork Farms’ first Porkless Pork Pie – an industry first.

Environmental sustainability has also been a major focus for Addo in recent years. In 2019 it reduced plastic waste at its Riverside site by 100 tonnes and has committed to reduce plastic waste by 20 per cent before the end of 2025, and food waste by 50 per cent by 2030.

Savouring success

In 2018, Addo’s strong performance led to a ranking of 16th on the Nottingham Post’s Top 200 Nottinghamshire Companies as well as the business’ highest-ever listing on the Sunday Times Grant Thornton Top Track 250 at 92nd place.

In June 2020 Addo announced it was expanding its team with 65 new jobs at its Palethorpes bakery in Market Drayton. It comes in response to the increased production demands of the company’s range of savoury products during the Covid-19 crisis, the expansion of new product lines at the site and to support business growth.

LDC exited its investment in Addo to European private equity firm PAI Partners in November 2020.

Alongside its acquisition of Addo Food Group, PAI Partners has announced the simultaneous acquisition of chilled foods supplier Winterbotham Darby (ComplEat Food Group), which also marks an exit for minority shareholder LDC. PAI Partners plans to bring the two businesses together under one platform. The completion of the transaction is subject to the customary regulatory approvals.

Paul Monk, Chairman of Addo Food Group, added: “I’ve worked with LDC on several business transformations and, as always, they have been a great partner on the Addo investment. As well as being the major shareholder, the LDC team contributed positively to strategic decision making and were supportive of management on the day-to-day running of the business.”

Awards

The Sunday Times Top Track 250

2018

Deal of the Year

Insider Midlands Dealmakers

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We are proud of the way in which Headland’s unique client service model has made such an impact in recent years. Our sustained performance and growing reputation have enabled us to build a superb platform, which will continue to allow us to deliver great work for clients.”

Dan Mines, Managing Partner
Headland

Minority Investment

LDC made a minority investment in the business in 2021. We are working in partnership with Headland’s management team, led by Chris Salt and Dan Mines, to support their organic growth strategy, helping the company further broaden and deepen its consultancy capabilities and fulfil its objective to advise a broader range of clients on complex communications matters.

In November 2025, Headland acquired Bladonmore, the international digital, brand and content business, to expand its client offer and international footprint.

In April 2026, Headland announced the appointment of Jim Houghton as Chief Financial Officer.

ESG Journey

Headland’s ESG journey continues to progress with purpose, as outlined in its 2025 Sustainability Impact Report, Shaping a Culture for Sustainable Growth. The strategy focuses on three pillars: a thriving environment, a thriving team, and championing collaboration to drive positive change.

In May 2025, Headland earned accreditation from the Good Business Charter, recognising responsible practices across ten areas including employee wellbeing, environmental impact, and ethical sourcing. This places Headland among a respected group of organisations committed to high standards of accountability.

With support from Seismic, Headland reviewed its Scope 1–3 carbon footprint and developed a climate action plan. It has already met its near-term Science Based Target to cut Scope 1 and 2 emissions by 42% by 2030, aided by its move to a renewable-powered office. The focus now shifts to Scope 3 emissions and supplier engagement.

Diversity and inclusion are central to Headland’s purpose. The firm holds The Blueprint Ally status and partners with the Taylor Bennett Foundation and the AMOS Bursary to support underrepresented talent through mentoring, internships, and long-term development.

Watch the video below to hear Co-Head of Sustainability, Andy Payne, discuss how LDC is supporting the business to certify as a B Corp.

Watch the video

How LDC is supporting Headland to certify as a B Corp

Hear from Andy Payne, Co-Head of Sustainability at Headland Consultancy how the B Corp framework and LDC is helping develop a sustainability strategy.
Watch the video
Play How LDC is supporting Headland to certify as a B Corp
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This is a pivotal moment in Headland’s development. We welcome LDC as a partner with the right experience and expertise to support our future development. We see amazing possibilities ahead for our clients and our team.”

Chris Salt, CEO
Headland

Awards

Best Strategic Agency

Corp Comms Awards 2024

Agency of the Year

Corp Comms Awards – 2021 & 2018

Corporate Agency of the Year

Corp Comms Awards – 2019

Financial Agency of the Year

A 10-year partnership

LDC exited its investment in Kee Safety in 2021. The deal marked the end of a successful 10-year partnership during which LDC supported the management team to increase revenues to more than £100m, an increase of more than 350 per cent since the start of the partnership, as well as helping Kee Safety to increase headcount to 780 people across 10 countries, an increase of more than 400 per cent over the same period.

LDC worked with management to drive growth organically and through a targeted buy-and-build strategy. This has included the acquisition of 27 complementary businesses over the last 10 years, helping to expand its products and services and grow its international footprint in Europe, North America, Asia and the Middle East.

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LDC has played a significant role in supporting our international growth strategy, investing time and resources since they first invested back in 2011. Their partnership with us has been crucial to the on-going success of our business and has provided us with the perfect platform to enhance our global market-leading position.”

Chris Milburn, Chairman
Kee Safety

Awards

International Deal of the Year

Kee Safety – Insider Midlands Dealmakers

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We felt the time was right to bring on board a strategic partner, and in LDC we have an experienced investor with a strong track record in the healthcare sector. From the outset, they have had a flexible approach to the investment, structuring the deal on terms that worked for us.”

Dennis O’Brien, CEO
Lucid

Buy and building for the future

The group subsequently acquired and integrated two specialist agencies – HealthCare21 and Bluedog – adding significant technical and creative capabilities. Lucid also expanded internationally, launching into new markets in Singapore and Dubai and adding to its established presence in the US.

During a four-year partnership with LDC, revenues grew from £12m to more than £29m. The firm continued winning awards, securing Medical Education Consultancy of the Year in both 2018 and 2019 at the Communiqué Awards, which celebrate exceptional healthcare communications work.

In March 2021, LDC exited its investment in Lucid to alternative asset manager ICG, following a significant period of growth.

> Read our Q&A with Jan Steele of Lucid

Watch the video

Realising Ambition

Having been apprehensive about private equity at first, Jan Steele, founder of healthcare communications agency Lucid Group, chose to partner with LDC to support her ambitious buy and build strategy. Here Jan discusses how a minority investment from LDC helped Lucid acquire two businesses, expand internationally, develop new capabilities and almost treble revenue.
Watch the video
Play Realising Ambition
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Our partnership with LDC helped us transform the scale of the business, creating a platform to support rapid expansion through acquisition and the impact on our colleagues and clients has been hugely positive. We’re excited about continuing this journey with ICG, adding new capabilities so we can service our clients in new ways and in new markets.”

Dennis O’Brien, CEO
Lucid

Awards

Medical Consultancy of the Year

Communiqué Awards 2018 & 2019

Communications Consultancy of the Year

Communiqué Awards 2018

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The continued support we received from LDC has been instrumental in allowing us to maintain growth, champion R&D and realise our global expansion ambitions.”

Chris Eccles, CEO
ChargePoint

During its four-year partnership with LDC, ChargePoint successfully launched a series of new solutions including its VERIFi™ platform, a smart monitoring technology that provides information an equipment usage allowing preventative maintenance, and AseptiSafe® Bio, a specialist valve for customers working with toxic and sensitive substances. The business increased revenues approximately 30 per cent. It has also secured several new contract wins in Canada, which strengthened its presence further in the North American region.

LDC exited its investment in ChargePoint to US private equity firm Arcline Investment Management in February 2021.

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We partnered with LDC to help us expand our product range and accelerate our international expansions plans. Today, we’re a growing international business that serves most of the world’s leading pharmaceutical businesses.”

Chris Eccles, CEO
ChargePoint

Awards

Deal of the Year

Insider North West Dealmakers

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Our partnership with LDC helped us go further, faster. The team believed in the potential of our business, and our ability to deliver on our plans. They provided the investment, support and expertise to help us accelerate a truly differentiating digital transformation in a relatively short space of time.”

Martin McKay, CEO
Texthelp

In December 2020, LDC exited its investment in Texthelp to Five Arrows, following a period of significant growth. During the 18-month partnership, revenues at the business increased 40 per cent from £19m to £27m, with a strengthening pipeline of prospective new customers.

Martin McKay and The King’s Trust

Discover how Martin launched his business in his early twenties with vital support from The King’s Trust, setting him on a path to empowering people with disabilities through innovative software.

FIND OUT MORE
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When we chose to partner with LDC as our private equity backer in 2017, we were looking for a team with experience of working in our sector, but also one committed to supporting our acquisition strategy. The team at LDC ticked both boxes and delivered on their promises. LDC didn’t just buy into our business, they bought into our vision and backed us as a team to deliver it.”

Matthew Parker, Former CEO
Babble

Scale through acquisition

During its initial three-year partnership with LDC, Babble made six acquisitions with £9million of follow-on funding, including four during the Covid-19 pandemic.

A successful buy and build strategy helped the business to expand its product portfolio, extend its geographic footprint across the country and consolidate its position in the UK’s unified communication market, growing revenues by 230%.

Babble’s success has also been underpinned by organic growth. The launch of its contact centre proposition and performance of its communications offering helped the firm grow fixed revenue. Supported by LDC’s Value Creation Partners, the business also won new contracts across LDC’s portfolio of mid-sized businesses.

Continued support

LDC completed a partial exit in November 2020 in a transaction that valued the business at £90million – 20 times higher than when we first invested. LDC retains a minority stake in the business to support continued growth.

 

Awards

Regional Finalist – Matthew Parker

EY Entrepreneur of the Year 2022

Large Deal of the Year

Thames Valley Deals Awards

Business Transformation Management Team of the Year

BVCA London and South East Awards 2020

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With LDC’s support, we have scaled significantly both at home and overseas in the last four and a half years, enabling us to provide our customers around the world with the best possible preventative solutions in the heating systems market.”

Matthew Webber, CEO
ADEY

Continuing international growth

In February 2021, LDC exited its investment in ADEY to Polypipe Group plc (Polypipe) a leading provider of sustainable water and climate management solutions for the built environment, in a £210m transaction.

As part of Polypipe, ADEY will be able to further accelerate its international growth.

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We are excited to be joining Polypipe and by the growth opportunities ahead. The companies share a similar culture and philosophy, focused on delivering sustainable water and climate management solutions. The combined business will allow us better to serve our customers, which will continue to be the foundation for our future success.”

Matthew Webber, CEO
ADEY

Awards

The Sunday Times International track 200

2019

The Queen’s Award for Enterprise

2017

Deal of the Year

ADEY – Insider South West Dealmakers