UK mid-market private equity invester LDC has promoted Dan Smith to investment director, following a year of successful investments and exits.
Since joining LDC in August 2015, Smith has been involved in a number of the region’s most notable transactions. This has included supporting the firm’s GBP31.8 million investment in NBS, the commercial arm of the Royal Institute of British Architects (RIBA), in addition to the management buyouts of Skipton-headquartered Sigmat and Knaresborough-based Pelsis, the leading European manufacturer of branded pest control products.
Smith also played an important role in LDC’s reinvestment in cycling parts and accessories distributor ZyroFisher, and most-recently the GBP217 million IPO of global games label Team17.
John Garner, head of LDC in Yorkshire and the North East, says: “Dan has made a significant contribution to the business over the past year and this is a well-deserved promotion. We’re committed to supporting the ambitions of small and medium-sized businesses from across the region and investing in our people is key to this. Over the past 12 months Dan has not only formed excellent relationships with the management teams we back, he has established a strong track record for delivering success.”
Smith adds: “I’ve had the opportunity to support some truly fantastic businesses over the past 12 months and with a strong pipeline of activity for the year ahead I’m looking forward to working with the team to further support the growth ambitions of businesses across Yorkshire and the North East.”
