Scaleup programmes

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Programme

LDC

Finance and Risk Capital

Impact for scaleups

48

UK companies backed

2%

Investments outside of London

14

Growth-stage investments

16

growth stage investments

Key sectors

Impact ventures / Social Impact Life Sciences & Biotech Building & Construction Manufacturing / Advanced Manufacturing Creative, digital, film, games & media Professional services Defence & security Technology & Communications Engineering / Advanced Engineering Transport & Logistics Environmental Science & Technology Farming, fisheries & forestry Finance Food & drink Healthcare

LDC is the private equity arm of Lloyds Banking Group and has been an active investor in UK companies since 1981, during which time it has supported over 650 management teams and invested more than £5.5bn in mid-sized businesses. 

It backs management teams from UK-based medium sized companies seeking up to £100m of investment to fund management buyouts or development capital transactions. Its initial investments are between £10m and £50m and it looks to invest £400m per annum. Its investment criteria are that a company must demonstrate minimum revenues of £5m with profits of £1m and a two-year profits history. 

The firm invests solely in UK companies and has 12 locations in the UK. Over the past ten years it has backed companies based in more than 100 UK towns and cities. Between January 2017 and June 2024, it invested in 48 UK companies with an average turnover of £21.9 million and 41 employees. 

In 2024, LDC (Lloyds Development Capital) continued its strong investment performance by committing £350 million to UK-based medium-sized businesses. This included £300 million invested in 14 new businesses across sectors like technology, healthcare, and sustainability, as well as £50 million in follow-on investments to its existing portfolio of over 90 companies. LDC also supported 46 bolt-on acquisitions, helping businesses scale further through strategic acquisitions​

Scaleups in its portfolio include IT infrastructure firm Creative ITC and engineering services provider Deltron Group.

Portfolio companies are provided with sector-specific guidance, access to an executive network, and peer network opportunities with other portfolio companies. A value creation team of experts is available to help identify particular pressure points and new growth opportunities, supporting management teams with projects from sales effectiveness, to digital marketing, procurement and operations.

It publishes an annual list of the 50 most ambitious business leaders, celebrating “the leaders behind some of the UK’s most exciting mid-sized firms,” and in April 2024 launched Enterprise Advance with The Prince’s Trust as part of its expanded partnership to support young entrepreneurs..

LDC website