LDC’s Midlands and North East teams have been recognised at the Dealmaker Awards in their respective regions.
The team picked up two awards in the Midlands for its work with Kee Safety and Precision Micro. The sale of Kee Safety to Investcorp was recognised as the region’s International Deal of the Year at the Midlands Dealmaker Awards, while LDC’s investment in Precision Micro also won SME Deal of the Year.
LDC reinvested in Kee Safety as part of a £280m deal following its acquisition by global investment manager Investcorp in November 2017. Moving forward, the team will support the business with its international growth strategy, both organically and through a targeted acquisition programme.
In April this year, LDC backed the £22.5m management buyout of Precision Micro in a deal which will enable the firm to take full advantage of several positive global trends in its core markets, including the miniaturisation of electronics and increasing demand for clean and fuel-efficient vehicles.
Further north, LDC’s £31.8m investment in NBS was named Private Equity Deal of the Year at the North East Dealmaker Awards. The partnership will enable the business to develop innovative new products and expand into overseas markets.
NBS is a market-leading provider of technology, content and data services to professionals in the architectural, engineering and construction industries.
Headquartered in Newcastle, the firm employs more than 200 people and recorded a turnover of £20.5m for the financial year ending December 2017.
Further information about this year’s Midlands Dealmaker Awards can be found here.
Full details of the North East Dealmaker Awards can be found here.
Related case studies
Kee Safety: Long-term support
LDC has helped the fall-protection business reach new heights with a series of investments over 10 years.
NBS: Partnering for growth
Leading technology platform for the construction industry internationalises with private equity support.
Precision Micro: Engineering a carve out
Backing the management team to realise organic growth opportunities outside of its former parent company Meggitt plc.