LDC underlines commitment to Yorkshire with new Leeds office
PE News | Jan 21, 2025 | LDC
LDC, the private equity firm associated with Lloyds Banking Group, has moved its Yorkshire team into a new office in Leeds to better support its regional activities. Led by Dan Smith, the eight-member team is experiencing growth necessitating expanded space to support investment in local companies. Recent activities include investments in Pagabo Group and Bullen Healthcare, along with an exit and reinvestment in Lomond Group, marking a successful year for LDC in the region. The firm also highlights community involvement with local charities in Leeds. LDC’s commitment to Yorkshires business environment is demonstrated through these strategic office expansions and investments.
Sectors
- Private Equity
- Real Estate
- Healthcare
- Technology
Geography
- United Kingdom – The activities and investments of LDC are focused on businesses in Yorkshire, England.
- Yorkshire – The article emphasizes LDC's commitment to investing and operating within Yorkshire.
Industry
- Private Equity – The article involves LDC, a private equity firm, and discusses its investments and regional activities.
- Real Estate – The firm's investments include exit and reinvestment in a national estate agency, Lomond Group.
- Healthcare – LDC's investment in Bullen Healthcare highlights the relevance of the Healthcare industry.
- Technology – Investment activities involving Pagabo Group and UniHomes, both involved in technology sectors.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LDC | Private Equity Firm | Company | The private equity arm of Lloyds Banking Group, focused on investments in Yorkshire. |
| Lloyds Banking Group | Parent Company | Company | The parent company of LDC, providing the financial backing for its private equity activities. |
| Dan Smith | Partner and Head of Yorkshire | Person | Leader of the Yorkshire team at LDC, overseeing investments and regional activities. |
| Pagabo Group | Portfolio Company | Company | A market leader in built-environment software and services, recipient of investment from LDC. |
| Bullen Healthcare | Portfolio Company | Company | A fourth-generation family business in healthcare, part of LDC's investment portfolio. |
| Lomond Group | Portfolio Company | Company | An estate agency and lettings group in which LDC has exited and reinvested. |
| UniHomes | Portfolio Company | Company | A fast-growing technology business based in Sheffield, aided by LDC. |
| Maggies Yorkshire | Charity | Charity | A charity focused on cancer support in Yorkshires region. |
| Candlelighters | Charity | Charity | A charity offering support to families facing children's cancer in Yorkshire. |