LDC invests in Stonbury to support expansion of its sustainability services
21 Dec 2022
We knew from the moment we met David and the LDC team that they were the right investment partner for us. Their relationship-first approach and extensive network of connections were important factors in our decision. With LDC’s support, we are actively exploring organic and acquisitive opportunities to expand our range of services.”
David Bains, Partner and Head of East Midlands and East of England at LDC, added: “LDC is committed to helping companies that contribute to a more sustainable future. Stonbury’s clear purpose focuses on sustainability and its experience and expertise over many years make it well-placed to support the water and environment industries in mitigating the impacts of climate change.
We’re looking forward to supporting Trevor and the rest of the management team to continue building Stonbury into one of the UK’s leading critical infrastructure services businesses.”
Stonbury was advised by MacIntyre Hudson (Corporate Finance) and Howes Percival (Legal).
LDC was advised by FRP (Corporate Finance and Debt Advisory), Browne Jacobson (Legal), KPMG (FDD) and Armstrong (CDD).