Mid-market private equity firm LDC has exited its investment in SRL Traffic Systems, a provider of portable and temporary traffic equipment, to 3i Infrastructure plc.
LDC backed the Cheshire-headquartered business in September 2019, investing GBP24 million to support the management team’s ambitious growth strategy. The exit generates a 5.7x money multiple for LDC on its original investment and an internal rate of return of 124 per cent.
