LDC exits Magicard to US-based Brady Corporation
24 May 2021
LDC’s support has been crucial to deliver our international growth strategy. They have enabled us to stay ahead of our competitors, helping us to continue to invest in innovative new products and solutions which attract international demand.”
Aylesh Patel, Investment Director at LDC, added: “During our partnership, Magicard has enhanced its market-leading position in the UK and overseas by developing best-in-class printing solutions. Its innovative products are trusted by many of the world’s most security conscious organisations. Brady Corporation’s sector expertise and global network will provide Magicard with the perfect platform to further its international expansion plans.”
LDC and Magicard were advised by Duff & Phelps (Corporate Finance), BDO (Financial Due Diligence) and CMS (Legal).