Mid-market private equity firm LDC has sold its minority stake in Nottingham-based managed IT and cyber services provider Littlefish to Bowmark Capital following a three-year partnership.
The deal follows a period of substantial growth for the IT business which has almost doubled revenues since LDC came on board in April 2019 from £18.6 million to £36.4 million.
Littlefish was founded in 2003 and provides managed IT, cyber security, cloud and IT consultancy services to more than 200 customers across the private and public sectors.
