LDC exits Eque2 in £46.5m deal following three-year partnership
14 Dec 2020
Our three-year partnership with LDC has enabled us to build scale through acquisition and create a strong foundation for future growth."
“We were impressed with the WestBridge team and the dynamic yet pragmatic approach they took to this transaction. I’m confident that our respective strengths herald an exciting future and that with their support, we will be able to further develop our market leading position. We look forward to working with them over the next phase of our journey.”
WestBridge managing partner Guy Davies, added: “This is our sixth investment from WestBridge II. We are delighted that we have the opportunity to partner with Eque2 as they continue to develop the business and would like to thank Justin and the team for selecting us.”
John Clarke, investment director at LDC, added: “The team at Eque2 has driven real growth in their business through acquisition and investment in new product development. We’re proud to have supported them and wish them all the very best for the future.”