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Announced

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LDC completed the acquisition of Texecom from Halma.

Synopsis

Lloyds Development Capital, a mid-market private equity house, completed the acquisition of Texecom, a manufacturer of external and internal electronic security devices, from Halma, a health and safety sensor technology group. Financial terms were not disclosed. “Our customers’ electronic security needs are becoming more complex than ever. By prioritising innovation, both organically and through acquisitions, we will continue to provide market-leading products and services to our clients so that they feel safe and can get on with their day-to-day lives," Jim Ludwig, Texecom Managing Director.

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