News
LDC announces senior promotions
4 Apr 2023
LDC, the UK’s leading private equity firm for mid-sized businesses, has promoted Jacob Leone and Grant Goodwin to Investment Directors following their significant contribution to the business including supporting transactions with a combined investment total of more than £200m.
Jacob Leone joined LDC’s Manchester-based team as an Investment Manager in 2019 and has been involved in many of LDC’s most significant tech investments, including the firm’s partnerships with Manchester-headquartered digital transformation business CTI Group, games developer Marmalade, Cheshire-headquartered manufacturer Rhino Products and Alderley Edge-based software company IEG4. Most recently, Jacob led LDC’s investment in Merseyside-headquartered Horsefly, an artificial intelligence-based talent analytics platform, and is now helping the management team to continue to grow the business organically, both in the UK and internationally.
Grant Goodwin joined the same team as an Investment Manager in 2020 and has since played a key role in a number of standout investments. These include the firm’s partnerships with Cheshire-headquartered mobile medical unit and vehicle provider EMS Group Solutions, education technology specialist Avantis, Rochdale-headquartered technology-driven security company WCCTV, Warrington-based preventative healthcare specialist PAM, and human capital management (HCM) solutions provider Talos360, which is also based in Warrington.
From a portfolio perspective, Grant and Jacob have completed a number of buy and build transactions, and between them currently serve on the boards of six portfolio companies. With more than 15 years’ combined experience in corporate finance and private equity, Grant and Jacob will continue to help LDC deliver on its commitment to invest in 100 medium-sized businesses nationally over the next five years.
Jacob and Grant are both highly respected members of the corporate finance community here in the North West, and they have a wealth of experience having built relationships with advisers in the region over many years."
“They will continue to play a pivotal role in helping us to increase our investment and strengthen the support we provide to management teams across the region. I’d like to congratulate them both on their new roles.”
At the same time, LDC is promoting Jayne Dunford to Senior PA. Jayne has been with LDC for more than 20 years. As well as running the Leeds office, Jayne’s role will expand to encompass coordination of national support function activities, responsibility for more national business management matters, and responsibility for the organisation of the Investment Committee.
The promotions take effect from 1st April.