Bringing on board an experienced investor like LDC means we can now accelerate investment in our services and further unlock the potential we see across our business and the markets in which we operate, both in the UK and overseas.”Lois Heywood, CEO
Asset Solutions Group
A firm footing for the next step
In June 2018, Lois Heywood and her management team chose to partner with LDC and together we facilitated the carve out of the business from international facilities management services company, OCS Group Ltd.
The deal, which included a £13m investment from LDC, saw the firm’s six-strong management team co-invest for a significant stake.
The company is investing further in technology-enabled services, consolidating its position in the UK and reviewing expansion opportunities into several overseas markets where it sees significant growth potential.
In April 2021, Asset Solutions Group sold its vehicle and asset audit business, Vehicle & Asset Solutions, to Auxiga Group. Auxiga – which is backed by Andera Partners, a French private equity firm – provides inventory services and asset control/inspection services to banks and financial institutions.