LDC is an experienced investment partner with a lot of expertise in the SaaS arena. The team quickly understood our model, ambition and strategy for the business. LDC has already introduced us to several of their existing portfolio companies for whom the CIPHR product is ideal.”Chris Berry, CEO
LDC has supported the business to make four acquisitions, including Payroll Business Solutions Limited (PBS) in December 2019 and Digits in September 2020, which in addition to in-house platform development has helped broaden CIPHR’s software offering.
Our partnership has helped the management team grow revenue from £6m to £16m in four years. This involved a specific sales enhancement project lead by LDC’s Value Creation Partnerswho worked in partnership with management to improve sales across lead generation and accounts management.
In March 2019 CIPHR was shortlisted for Best Performer – Accounting & Enterprise Software and featured in the top 15 best performing companies at the 2019 Megabuyte Emerging Stars awards.
LDC’s Value Creation Partners have shown CIPHR what is possible, where targets need to be and provided the tools to get there. It has also been very helpful for people development.”Alastair Hazell, Chairman
Top 15 best performing companies
Megabuyte Emerging Stars Awards 2019