LDC exits investment in Littlefish
24 Aug 2022
With LDC’s support, we have expanded our offering to cement Littlefish as a market-leader for quality and innovation in the delivery of end user services, and we’ve continued to invest in our people. Their flexibility, sector expertise and financial support have helped us to build our business with confidence.”
David Bains, Partner and Head of the East Midlands and East of England at LDC, added: “Littlefish is a stellar example of our growing tech industry here in the heart of the East Midlands. Its expansion is testament to the strength of the proposition that Steve and his team have developed. We’re proud to have been part of their journey during this exciting time, and we wish them every success on the next stage of their journey.”
This transaction marks LDC’s fifth successful exit from a technology business in the last twelve months, and follows its recent exit from leading design software specialist Solid Solutions. The leading private equity firm has invested over £250m in more than 10 technology-led businesses in the past year, including digital transformation provider CTI Group, IT services specialist Aspire and leading mobile and internet of things (IoT) communications firm Cellhire.
LDC and the company was advised by Clearwater International (corporate finance), PwC (financial due diligence), Armstrong (commercial due diligence) and Browne Jacobson (legal).