Clifford Thames is the leading provider of data services to the global automotive aftermarket industry.

Investment type
  • Management buyout
Deal value


Exit type
  • International trade sale
Exit date

June 2017

Quote mark

During our three-year partnership with LDC we have achieved significant scale and increased our revenues by adding to our core offering and expanding into new markets.”

Calvin Barnett, Chief Executive
Clifford Thames

Driven by success

Later the same year, Clifford Thames was acquired by OEConnection Holdings, the US-based e-commerce technology group.

The sale generated a money multiple of 2.7x and IRR of 47% for LDC, over the three-year period.

Quote mark

LDC has shown a genuine desire to work with management teams to grow and develop a business. I’d describe their approach as ‘a light hand on the tiller’, steering us through some of the challenges that the business faced as it grew and matured into a bigger company.”

Calvin Barnett, Chief Executive
Clifford Thames

Calvin Barnett, CEO of Clifford Thames discusses his partnership with LDC


Mid-Market Team of the Year

Clifford Thames – BVCA Management Team Awards in South East & London

Deal of the Year over £25m

Clifford Thames – Thames Valley Deal Awards