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Texecom: carving out to accelerate growth
LDC backed the management team to support the management buyout of Texecom from FTSE 100-listed technology group Halma plc
LDC backed the management team to support the management buyout of Texecom from FTSE 100-listed technology group Halma plc
August 2021
Texecom, the UK’s leading manufacturer of electronic security products and services.
Texecom manufactures and supplies intruder detection and mass notification solutions to the global commercial, industrial and high-end residential markets protecting millions of properties around the world. It also uses digital and cloud-based technology to provide integrated security and building management systems.
The business turned over £33.4m FYE March 2021 and employs more than 380 people across its manufacturing facilities in Haslingden and Delph, and international offices in India, China and Spain.
Supporting future growth
In August 2021, LDC backed the management team, to support the management buyout of Texecom from FTSE 100-listed technology group Halma plc.
LDC’s significant investment will support Texecom to build on its market-leading position and international presence through developing new products, enhancing its digital services and exploring complementary acquisitions.