Lead Forensics

LDC invested in Wifinity backing the existing management team – led by CEO Costas Demetriou.

PORTFOLIO

Wifinity: making new connections across the UK

Providing major investment for a leader internet service provider.

Sector
  • Technology, Media, Telecoms

Wifinity is a leading internet service provider to customers on campuses and other multi-dwelling sites.

Deal type
  • Management buyout

Wifinity specialises in providing reliable, high-speed broadband to customers on campuses and other multi-dwelling sites, such as student and key worker accommodation and holiday parks.

Based in Kingston upon Thames, the business has built a loyal customer base, serving over seven million users since it was founded in 2007 thanks to its router-free, no-contract, Gigabit-speed service. It is also a managed service provider to leading retailers, and other leisure and hospitality businesses.

Connecting more customers

LDC invested in the business in September 2021 to back the existing management team – led by CEO Costas Demetriou. With LDC’s support, the business plans to invest significantly in its wireless networks across the UK to further increase broadband quality and speed for new and existing customers.

orange quote mark
LDC quickly understood our ambition and bought into our team. Their experience in backing and scaling some of the UK’s most successful ISPs also gave us confidence that they could help us realise our ambition for the business as both investors and mentors.”
Costas Demetriou, CEO
Wifinity