MID-market private equity house LDC could be on the brink of investing in Yorkshire-based healthcare and manufacturing firms as it celebrates 25 years in the region.
John Garner, the director and head of LDC in Yorkshire and the North East, hopes to increase the size of his team, as activity picks up in the region’s private equity market.
He added: “We’ve managed to keep growing by ensuring that we’re entwined in the market in Yorkshire. The economy is coming out of five tough years and business is improving.
“Activity is stronger than it’s been for several years.”
As a sign of its confidence in Yorkshire, LDC has moved into a new office on the fourth floor of 1 City Square in Leeds.
The firm had previously occupied a smaller suite in the same building.
The new office will provide room for LDC’s seven-strong team in the region, which is led by John Garner, and includes director Steve Harrison, investment directors Dale Alderson and Joe Farren, and investment manager Jane Gilbert.
Yesterday, Mr Garner said there were 4,750 people employed within LDC’s portfolio across the region.
He added: “Our total investment in Yorkshire and the North East over the last 12 months was £70m, which means the investment figure has trebled over the last two years.”