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New Deal


Announced

Completed

LDC completed the investment in 15below.

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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software development

United Kingdom

Software

Acquisition

Private

Private Equity

Completed

Single Bidder

Domestic

Minority

Friendly

Synopsis

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LDC, a mid-market private equity house, completed the investment in 15below, a specialist software developer. Financial terms were not disclosed. "LDC is known for its commitment to supporting growth and innovation in businesses like ours. Their ethos of placing a high value on people and culture resonates deeply with us at 15below, making them the perfect partner as we embark on this next phase of our journey," Nicholas Key, 15below Co-Founder and CEO.

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