LDC makes senior hire
LDC, a UK mid-market private equity investor, has strengthened its team in the Midlands with the appointment of Mark Howden as Investment Director.
Howden brings over 20 years’ experience to the firm and a diverse background spanning strategic roles within industry and corporate finance, where he specialised in both M&A and restructuring. His appointment further strengthens the LDC team in the Midlands.
He joins from Bentley Motors, where he was Chief Strategy Officer responsible for development of their ‘Beyond100’ corporate strategy, their restructuring programme and the business’ response to the COVID-19 crisis.
As well at holding roles at EY, where he qualified as a Chartered Accountant, and financial advisory group Rothschild, he also held a number of Director roles at Jaguar Land Rover. Here, he was responsible for the business’ €1billion greenfield investment in a manufacturing facility in Slovakia, and establishing its strategic alliances with Waymo and Lyft.
Richard Whitwell, Head of LDC in the Midlands, says: “The Midlands is home to some of the country’s most dynamic and ambitious organisations, so we’re delighted to welcome Mark to the team as we continue to partner with management teams across the region to help them drive growth and navigate the challenges ahead.
“His proven expertise in both corporate finance and business strategy will play a key role in helping local businesses thrive.”
Howden, Investment Director at LDC, adds: “LDC’s Midlands team has an impressive track record in championing the region’s most inspiring business leaders. I’m looking forward to working closely with the team as we support the region’s growth and prosperity through this challenging time and well into the future.”
LDC has also announced a number of new appointments across its regional offices to provide additional support for management teams that are beginning to refocus on their long-term growth and diversification strategies. The appointments underpin the firm’s commitment to invest GBP1.2 billion over the next three years to back growing mid-market businesses.
Digital Transformation and Technology expert Tony Walters and Procurement and Supply Chain specialist Andrew Walsh have joined LDC’s Value Creation Partners (VCP) team, following the team’s appointment of Juliet Buffey earlier this year. The VCP team supports management teams across LDC’s portfolio and help develop and execute strategies that drive growth and shareholder value.
Tom Jervis and Lewis Winston have joined LDC’s new business team in London as Investment Managers, while Josh Brown has joined LDC’s Midlands team as an Investment Manager. LDC’s team in Reading has also welcomed Klara Klarowicz as an Investment Executive.
The appointments have supported a busy period of deal activity for LDC, which has completed more than 25 new deals and bolt ons so far in 2020, including partnerships with three ambitious technology businesses in quick succession – Aker Systems, Kerv and Beekman Associates.