ByBox is the UK’s leading technology-led logistics and locker provider.

Investment type
  • Development capital


Deal value


Exit type
  • Private equity sale
Exit date

September 2018

Exit value


Re-investment date

September 2018

LDC Team
Quote mark

LDC are insightful and supportive investors who have worked closely with the ByBox team to formulate and execute a successful strategy.”

Stuart Miller, Co-Founder

In 2018, ByBox increased its global presence, launching a new office in Burlington Massachusetts, as well as two satellite offices in Atlanta and Denver to help it meet global customer demand. The business also relocated its UK headquarters from Didcot to nearby technology-hub Oxford Science Park to accommodate its growing headcount of 450.

Continuing support

Following LDC’s original investment the business grew significantly and doubled in value.

In 2018, LDC exited its investment in ByBox in a £221m sale to FP, maintaining a small minority shareholding.

Quote mark

When seeking an investment partner, turbocharging our international expansion was top a priority. With the strategic support of LDC, we have been able to identify and execute a significant opportunity overseas which will see us operate as a truly international firm, whilst simultaneously growing our UK presence.”

Stuart Miller, Co-Founder


Large Deal of the Year

ByBox – Thames Valley Dealmaker

Deal of the Year (£10m+)

ByBox – Insider South East Dealmaker