LDC underlines its commitment to Yorkshire with office move

 LDC, the private equity investor which is part of Lloyds Banking Group, has underlined its commitment to support businesses across Yorkshire as it moves into a new office in Leeds.

The firm’s eight-strong team, led by Partner and Head of Yorkshire Dan Smith, is now based at 12 King Street in the heart of the city’s business district. The new office ensures LDC has the additional space it needs to support the continued growth of the team, whilst providing a variety of workspaces that have been designed to foster collaboration.

The move follows a successful year for LDC in the region. In 2024, the firm completed a number of new investments, which included Pagabo Group, a market-leader in built-environment software and services based in Hull and fourth-generation family business Bullen Healthcare. LDC also completed an exit and reinvestment in national estate agency and lettings group Lomond, which has been on a transformational growth journey since LDC first backed Leeds-based Linley & Simpson in 2018.

The team also supported sustainable growth and progress across its regional portfolio. This included Hessle-headquartered Boston Energy moving into its new home in East Yorkshire on the back of the business’ continued expansion and Sheffield-based UniHomes picking up a host of awards for its market leading proposition, including being named as one of the UK’s fastest-growing technology businesses at the Northern Tech Awards 2024.

Dan Smith, Partner and Head of Yorkshire at LDC, said: “Yorkshire is home to many innovative, growth-focused businesses and our move to a bigger and more contemporary workspace reflects our long-term commitment to continue investing in the region. We need a space that not only caters to our team’s needs now, but one that also provides room to support future expansion.