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Now we want to supercharge that growth and in LDC we have found a partner with a track record of doing just that.”

Steve Egerton, CEO
Rhino Products

John Clarke, Investment Director at LDC in Manchester, said: “Steve and his ambitious team came to LDC with a clearly mapped out strategy to continue to grow the business. Rhino is already a well-established market leader with a strong brand and has real potential to increase market share in the UK and overseas. We’re looking forward to supporting the company’s next exciting period of growth.”

In the past two years, LDC has supported its portfolio companies to complete over 50 acquisitions with a combined enterprise value of more than £250million. LDC is currently supporting two thirds of existing portfolio businesses pursue an acquisitive growth strategy.

Banking facilities were provided by HSBC.

LDC was advised by Grant Thornton (Corporate Finance and Financial Due Diligence), Hill Dickinson (Legal), CIL (Commercial Due Diligence), KPMG (Tax) and GCA Altium (Debt Advisory).

Rhino Products was advised by GCA Altium (Corporate Finance) and DWF (Legal).