LDC completed the acquisition of a minority stake in Acora.

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.