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New Deal


Announced

Completed

LDC completed the acquisition of a minority stake in Acora.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Private

Domestic

Private Equity

Single Bidder

Acquisition

Completed

Friendly

IT Services: Other

IT managed services

United Kingdom

Synopsis

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Lloyds Development Capital, a private equity firm, completed the acquisition of a minority stake in Acora, an IT services provider. Financial terms were not disclosed. "I have been talking to LDC for more than a decade and believe they’re the partner we need for the next stage in our journey. This new investment from LDC gives us significant firepower to help accelerate our ambitious growth plans. This investment is all about continuing our existing trajectory over the longer term," David Rabson, Acora CEO.

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