LDC in Yorkshire continues to grow with new hire

Leading mid-market private equity investor LDC has strengthened its team with the appointment of Anthony West as Investment Manager to support its continued growth in the region.

Based in Leeds, Anthony will be responsible for identifying and investing in ambitious management teams which would benefit from the support of an experienced private equity investor. He will also support the management teams of LDC’s portfolio companies which includes Global Autocare and Mosaic Fulfilment Solutions.

Anthony joins LDC from KPMG where he spent six years as a corporate finance manager. He is a qualified chartered accountant and has supported a series of high-profile transactions.

Anthony’s appointment follows a busy period for LDC in Yorkshire. In August, the team completed three transactions in a single week with a combined enterprise value of more than £415million. This included the exits of Knaresborough-based pest control product manufacturer Pelsis and Leeds-based steel framing technology specialist Sigmat and an investment in security product manufacturer Texecom.

The team is also working closely with management teams that are looking to grow their businesses through acquisitions. Earlier this year, LDC helped York-based Mosaic Fulfilment Solutions to acquire logistics, warehousing and fulfilment firm Thorn 3PL Services Ltd to expand its presence across the north. LDC-backed national lettings and estate agency group Lomond Capital, which merged with Leeds-headquartered Linley & Simpson at the start of 2021, has also completed more than 15 acquisitions this year, strengthening its geographic footprint and significantly increasing its portfolio of properties.

Dan Smith, Head of LDC in Yorkshire, said: “Anthony brings a wealth of expertise that really strengthens our team and reflects our commitment to growing our presence across Yorkshire. With his support we are looking to build on our investment activity in the region and support more local management teams to achieve their growth plans.”

To date, LDC has invested over £650million to support the growth of more than 70 management teams across the Yorkshire and North East region.