UK mid-market private equity firm LDC has invested in Sohonet, an international provider of connectivity, collaboration software, media services and network security for the media and entertainment industry.
The business operates in a market that is fuelled by the growth of leading on-demand platforms like Netflix, Disney+ and Amazon Prime, and the rising demand for highly secure technological solutions. LDC will support Sohonet to build out its leading products and services, explore new markets and complementary acquisitions.
In the past two years, LDC has supported its portfolio companies to complete over 50 acquisitions with a combined enterprise value of more than GBP250 million. The private equity firm is currently supporting two thirds of its existing portfolio businesses to pursue an acquisitive growth strategy.
Read more at: Private Equity Wire
Image Source
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.