Investment Summary

LDC Invests In Lucid Group

On June 12, 2017, private equity firm LDC invested in business services company Lucid Group

Investment Highlights
  • This is LDC’s 19th transaction in the Business Services sector.
  • This is LDC’s 187th transaction in the United Kingdom.
Investment Fate
  • Lucid Group was sold to a consortium of financial buyers in 2021.

Investment Summary

Date 2017-06-12
Target Lucid Group
Sector Business Services
Investor(s) LDC
Deal Type Growth Capital
Advisor(s) Results International Group (Financial)
Osborne Clarke (Legal)

Target

Lucid Group

London, United Kingdom
Lucid Group is an international multi-capability healthcare communications group that provides medical education and communication, strategic consultancy, and digital services to its clients through an integrated group of specialist agencies. Lucid Group was formed in 2007 and is based in London, United Kingdom.

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Investor(S) 1

Investor

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 195 of 311
Sector: Business Services M&A 19 of 30
Type: Growth Capital M&A Deals 31 of 108
Country: United Kingdom M&A 187 of 299
Year: 2017 M&A 7 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-09 Clifford Thames

Essex, United Kingdom

Clifford Thames (Holdings) Ltd. is a provider of outsourced services to the global automotive aftermarket parts, service and repair industry. Clifford Thames (Holdings) Ltd. was founded in 1948 and is based in Essex, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-01 Nexinto

Hamburg, Germany

Nexinto is a provider of e-commerce hosting sourcing solutions for clients across Germany. Nexinto was founded in 1994 and is based in Hamburg, Germany.

Sell -