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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Investment firm LDC hails 'stellar' half-year in South West and Wales

Private equity firm LDC’s South West and Wales division has hailed a “stellar” six months which saw it complete three transactions with a combined enterprise value of more than £175m.

LDC, the private equity arm of Lloyds Bank, said its team in the region had supported its portfolio of businesses to make “significant steps” to deliver growth plans.

During the period LDC also exited its investment in Bristol-based television production company Plimsoll, which was acquired by ITV in June which valued the wildlife documentary maker at £131m.

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