LDC completed the acquisition of a minority stake in Global Autocare.

LDC, a mid-market private equity firm, completed the acquisition of a minority stake in Global Autocare, an independent vehicle leasing and rental company. Financial terms were not disclosed. LDC’s support and investment will help the business to accelerate its national growth plans, building on its strong relationships with some of the world’s leading automotive manufacturers. “Global Autocare is a fantastic example of a dynamic, homegrown business. It has used an innovative approach and an exceptional reputation for client service to become one of the region’s most exciting success stories,” Dale Alderson, LDC Director.