What investment strategy does LDC focus on?

LDC focuses on Buyout, Growth strategies in the private equity space.

How many portfolio companies does LDC have?

LDC has 17 active portfolio companies and 5 completed exits and 1 fund tracked on GP Intel.

Where is LDC headquartered?

LDC is headquartered in London, United Kingdom.

What is LDC's assets under management?

LDC manages approximately €907M in assets under management.

What sectors does LDC invest in?

LDC invests across TMT, Business Services, Consumer, Healthcare, Industrials.

What are LDC's recent exits?

Recent realized exits by LDC include: Hybrid (2026) to EAB; WCCTV (2026) to Arcus Infrastructure Partners, 3.3x; Wifinity (2026) to Arcus Infrastructure Partners; Iglu.com (2025) to Flight Centre Travel Group; J&J Global Fulfilment (2025) to QLS.

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LDC

London, United Kingdom·Founded 1981·

Buyout Growth Equity

·ldc.co.uk

LDC is the mid-market private equity arm of Lloyds Banking Group, founded in 1981 as Lloyds Development Capital, investing off the parent group balance sheet rather than through discrete external limited-partner funds. It backs UK mid-market scale-up companies with minority or majority equity typically up to GBP 100m, operating from 10 regional offices, and has deployed about GBP 3.9bn since 2014 across a portfolio of around 90 companies. The FCA-authorised group entity LDC Falcon Limited holds Firm Reference Number 991600.

AUM

€907M

Funds

vintages 2014

Portfolio

Exits

LDC is a London buyout firm with €907M AUM, 17 active companies and 5 exits.

SectorsTMT Business Services Consumer Healthcare Industrials

Key takeaways

·5 exits in the last 5 years · consistent DPI cadence.
·Average hold across 5 realized deals: 6 years.
·Best return: 3.3x MOIC on WCCTV (2026).
·Top sector focus: IT Services (29% of portfolio).

Sector breakdown

21 companies

IT Services

6 · 29%

Healthcare

3 · 14%

Construction

2 · 10%

TMT

2 · 10%

EdTech

1 · 5%

Education

1 · 5%

Hospitality

1 · 5%

Logistics

1 · 5%

Key facts

HQLondon, United Kingdom

Founded1981

Websiteldc.co.uk

Recent exits

LDC sold Hybrid to EAB in 2026 after 5 years.

LDC sold WCCTV to Arcus Infrastructure Partners in 2026 after 5 years.

3.3x

LDC sold Wifinity to Arcus Infrastructure Partners in 2026 after 5 years.

LDC sold Iglu.com to Flight Centre Travel Group in 2025 after 10 years.

Coverage notes

1 fund tracked, 22 portfolio companies (17 active · 5 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund LDC has raised, with its portfolio companies. Hand-checked from public filings.

1 fund

Fund

Strategy

Vintage

Size

Assets

Exits

LDC Evergreen

Evergreen2014€4.6B16 assets5 exits

Evergreen

2014 · 12yr

€4.6B

Unrealized

16 held

Company	Entry
Acora IT Services · UK	2022
Arc Building Solutions Construction · UK	2025
Aspire Technology Solutions IT Services · UK	2022
Avantis Education EdTech · UK	2022
DSP IT Services · UK	2023
Duncan and Todd Healthcare · UK	2018
Eagle Eye Innovations TMT · UK	2026
Fishawack Communications Healthcare · UK	2017
Frankham Group Construction · UK	2026
i247 TMT · UK	2026
Kick ICT IT Services · UK	2024
Panthera Biopartners Healthcare · UK	2025
Taking Care HealthTech · UK	2025
The 55 Group IT Services · UK	2024
Uinsure InsurTech · UK	2024
Vista Technology Support Group IT Services · UK	2017

Realized

5 exits

Company	Entry	Exit	Type	Buyer	MOIC
Hybrid Education · UK	2021	2026	Trade Sale	EAB	–
Iglu.com Hospitality · UK	2015	2025	Trade Sale	Flight Centre Travel Group	–
J&J Global Fulfilment Logistics · UK	2020	2025	Trade Sale	QLS	–
WCCTV Industrials · UK	2021	2026	Trade Sale	Arcus Infrastructure Partners	3.3x
Wifinity Telecom · UK	2021	2026	Trade Sale	Arcus Infrastructure Partners	–

Other portfolio companies

1 more LDC investment not tied to a tracked fund.

Kidsunlimited · Consumer · UK · 2008

About LDC

LDC is an alternative investment platform with capital deployed across 4 active fund vehicles, headquartered in London. The firm deploys capital across European mid and small-cap businesses spanning TMT, healthcare, business services, consumer and industrials.

Investment thesis

The platform combines complementary investment strategies, deploying capital across TMT, healthcare, business services, consumer and industrials businesses in the United Kingdom and broader European market. Multi-strategy capital deployment enables flexibility across the business lifecycle, with the partnership culture supporting management teams through growth, transmission and selective M&A across multiple fund vintages and asset classes.

Recent activity

Realised exits across the current platform vintages remain limited, with the portfolio in active deployment and value-creation phase. The platform tracks 4 fund vehicles, 35 active portfolio companies and 0 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does LDC focus on?: LDC focuses on Buyout, Growth strategies in the private equity space.
How many portfolio companies does LDC have?: LDC has 17 active portfolio companies and 5 completed exits and 1 fund tracked on GP Intel.
Where is LDC headquartered?: LDC is headquartered in London, United Kingdom.
What is LDC's assets under management?: LDC manages approximately €907M in assets under management.
When was LDC founded?: LDC was founded in 1981.
What sectors does LDC invest in?: LDC invests across TMT, Business Services, Consumer, Healthcare, Industrials.
What are LDC's recent exits?: Recent realized exits by LDC include: Hybrid (2026) to EAB; WCCTV (2026) to Arcus Infrastructure Partners, 3.3x; Wifinity (2026) to Arcus Infrastructure Partners; Iglu.com (2025) to Flight Centre Travel Group; J&J Global Fulfilment (2025) to QLS.