LDC invests in Kick ICT to support UK expansion
5 Jan 2024
The team at LDC have a great deal of hands-on experience in helping businesses like ours to grow through acquisition, making them the perfect partner as we expand our presence in Scotland and across the UK.”
Lee Donaldson, Investment Director at LDC in Scotland, added: “The rapid pace of digitalisation across the economy means dynamic businesses like Kick ICT will be at the forefront of growth across the UK ICT sector in the years ahead. Tom and Alan are committed and ambitious founders, and we’re excited to support them, alongside the rest of the management team, as they continue their impressive run of acquisitions to drive growth and expand the business outside Scotland.”
LDC has a successful track record in the ICT sector, having made more than 20 investments into businesses with a total enterprise value of £1.4bn, since 2012.
Kick ICT was advised by Anderson Anderson & Brown (AAB) (Corporate Finance) and MBM Commercial (Legal).
LDC was advised by PWC (Corporate Finance and Tax), Pinsent Masons (Legal), BDO (Financial DD) and Armstrong (Commercial DD).