M&A Deal Summary

Intermediate Capital Group Acquires Lomond Group

On December 2, 2024, mezzanine finance firm Intermediate Capital Group acquired financial services company Lomond Group from LDC

Acquisition Highlights
  • This is Intermediate Capital Group’s 12th transaction in the Financial Services sector.
  • This is Intermediate Capital Group’s 81st transaction in the United Kingdom.

M&A Deal Summary

Date 2024-12-02
Target Lomond Group
Sector Financial Services
Buyer(s) Intermediate Capital Group
Sellers(s) LDC
Deal Type Secondary Buyout
Advisor(s) Clearwater International (Financial)
Womble Bond Dickinson (Legal)

Target

Lomond Group

London, United Kingdom
Lomond Group is investing and building businesses in sectors and focused on the acquisition and consolidation of regional Lettings and Estate Agents. Lomond Group was formed in 2010 and is based in London, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Intermediate Capital Group

London, United Kingdom

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1989
PE ASSETS 74.5B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Intermediate Capital Group (ICG) is a global mezzanine finance firm. IGC looks to provide junior capital to support a wide range of transactions, including buyouts, debt restructurings, and development financing. The Firm generally invests alongside financial sponsors and management teams in transactions valued from €250 million to €1 billion. ICG was formed in 1989 and is headquartered in London.


DEAL STATS #
Overall 294 of 294
Sector: Financial Services M&A 12 of 12
Type: Secondary Buyout M&A Deals 115 of 115
Country: United Kingdom M&A 81 of 81
Year: 2024 M&A 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-11 Meribel Pharma Solutions

Entzheim, France

Meribel Pharma Solutions is a pharmaceutical contract development and manufacturing organization (CDMO). Meribel Pharma Solutions develops, manufactures, and packages drugs in various forms (solid, liquid…) on value-adding niches, specialized in small and medium-sized batches. Meribel Pharma Solutions was founded in 2001 and is based in Entzheim, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-20 Lunch Garden

Zaventem, Belgium

Lunch Garden is a restaurant brand that offers customers high quality, traditional Belgian cuisine, complemented by popular international dishes. Lunch Garden was founded in 1966 and is based in Zaventem, Belgium.

Sell -

Seller(S) 1

SELLER

LDC

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 3.9B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

LDC is the private equity and investment arm of Lloyds Banking Group. LDC invests in mid-market companies throughout the UK. LDC seeks high growth businesses with at least two years of profitability (greater than £1 million). The Firm looks to commit £2 to £100 million in companies generating at least £5 million in revenue. Areas of interest include cleantech/environmental, construction/property, financial services, healthcare, industrials, retail/consumer, support services, TMT and travel/leisure. Prospective transaction types includes acquisition financings, development capital, equity release, MBOs, MBIs, mergers, private placements, and secondary buy-outs. LDC was formed in 1981 and is based in London.


DEAL STATS #
Overall 204 of 210
Sector: Financial Services M&A 7 of 7
Type: Secondary Buyout M&A Deals 75 of 77
Country: United Kingdom M&A 198 of 204
Year: 2024 M&A 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-07 LendingMetrics

Fareham, United Kingdom

LendingMetrics provides software and data solutions that help hundreds of companies to make highly sophisticated automated and risk-based lending decisions. Clients include building societies, online lenders, mortgage companies, credit card providers and commercial lenders. LendingMetrics was founded in 2010 and is based in Fareham, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-18 Power Saving Solutions

Nottinghamshire, United Kingdom

Power Saving Solutions provides high-performance battery storage units and hybrid power systems for commercial use. Power Saving Solutions was founded in 2014 and is based in Nottinghamshire, United Kingdom.

Buy -