LDC exits Ellis Whittam to Marlowe plc
29 Oct 2020
I am proud of the significant growth we’ve achieved together with the backing of LDC over the last four years. The LDC team took the time to understand our vision for Ellis Whittam and believed in our potential. I appreciate their support."
“EW is now in a great position to bring its services to even more customers as part of Marlowe plc.”
Richard Ibbett, Investment Director at LDC in Manchester, said: “We’ve enjoyed working alongside Mark, Gavin and the team to support the growth of Ellis Whittam. And many of our portfolio companies have appreciated their professional support as they became EW clients. We look forward to watching the business continue its success and wish the team all the best as part of Marlowe plc.”
Marlowe’s CEO, Alex Dacre commented: “For a number of years we have admired Ellis Whittam’s progress and we are delighted that such a quality and well-regarded business has today joined Marlowe plc. We are looking forward to working with Gavin, Andy and the whole Ellis Whittam team to realise these opportunities and take the business forward in this exciting next chapter of growth.”
LDC and EW were advised by Clearwater International and DWF Law. Vendor Financial & Tax Due Diligence by KPMG. Marlowe was advised by Rothschild, Field Fisher and Grant Thornton.