Mid-market private equity firm LDC has backed Wireless CCTV (WCCTV), a supplier of redeployable surveillance solutions, with a GBP30 million investment for a minority stake
The partnership with LDC will accelerate WCCTV’s ambitious domestic and international expansion plans and support the launch of new products and services.
Headquartered in Rochdale, Greater Manchester, WCCTV is the UK’s leading Equipment as a Service provider of wireless surveillance products including redeployable CCTV, site security solutions and body worn cameras. Its products are utilised by the infrastructure, utilities, retail, transport and construction sectors, as well as local authorities and housing associations across the UK and the US. In February this year WCCTV received ISO 27001 accreditation, the gold standard in security management across the industry, for all of its products, services, offices and operations in the UK.
Founded in 2001, WCCTV has three offices across the UK, with locations in Edinburgh and Luton alongside its Rochdale headquarters, with a fourth base in Texas, United States. The firm has a strong track record and has grown revenues by more than 50 per cent in the last three years to GBP14.1 million in the financial year end 31 July 2020.
Source: Private Equity Wire
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