We are committed to supporting ambitious management teams across Scotland as they grow their businesses. Lee’s addition to the team means we can better support more firms considering private equity.”Mark Kerr, Director and Head of Scotland
Lee Donaldson, LDC Investment Director, added: “I am really excited to be joining LDC at such a crucial time for business in Scotland. There are hundreds of high-growth mid-market businesses based in Scotland and we’re keen to partner with those management teams looking to take the next step in their journey.”
Lee’s addition to the team follows a successful period for LDC in Scotland, notably its £15million investment in the leading optical provider in Scotland, Duncan & Todd Group. Since the investment in February, LDC has supported the management team’s ambition to grow, helping the firm to bring three complementary businesses into the group and increase its retail footprint across Scotland.
To date, LDC has invested almost £100million in Scottish businesses to support ambitious management teams realise their growth strategies.
The firm, part of Lloyds Banking Group, has pledged to invest £1.2billion over the next three years as part of its commitment to supporting Britain’s small and mid-sized firms.