LDC invests in Blis to accelerate growth and double global headcount
21 Jun 2022
I’m really excited to have LDC as an investor in the business – they clearly understand the opportunity ahead of us and back our vision to accelerate our growth in this exciting space. They bring a huge amount of sector expertise across their broad portfolio and have a straight talking and down to earth approach.”
John Green, Investment Director in LDC’s East Midlands team, added: “The Blis team has created a compelling marketing proposition that really works in today’s privacy-first world. They came to us with a successful track record and a plan to further expand the business across major international markets. We’re excited to play a part in the next stage of their growth journey.”
LDC has over 40 years’ experience of supporting management teams of fast-growing technology and media companies to expand their international footprint. Recent examples include healthcare communications firm Fishawack Health, education software specialist Texthelp and digital marketing agency Croud.
LDC was advised by GP Bullhound (corporate finance), Browne Jacobson (legal), PwC (commercial and financial due diligence).
Blis was advised by Moelis & Co (corporate finance) and Fox Williams (legal). The management team were advised by Deloitte (corporate finance) and Eversheds (legal). Debt facilities were provided by OakNorth Bank.