PE Firm · Capital Allocator

Lloyds Development Capital

Medium
London, United Kingdom · Founded 1981 · AUM Not specified · Website
Private EquityVenture CapitalMid-market investmentsPrivate equityVenture capitalCommercial bankingUnited Kingdom
Last verified
10/7/2026

Firm Overview

22
Portfolio tracked
3
Sectors
1
Regions
10/7/2026
Last verified

Lloyds Development Capital (LDC) is a prominent UK-based mid-market private equity firm and a subsidiary of Lloyds Banking Group.

Established in 1981 as Lloyds Development Capital Limited, the firm has grown into a major mid-market private equity house in the United Kingdom. Between 1999 and 2011, the firm operated under the name Lloyds TSB Development Capital Limited before reverting to its current branding. As a subsidiary of Lloyds Banking Group, it operates through several UK-based specialized entities including LDC (Managers) Limited and LDC (General Partner) Limited.

The firm's historical activity shows significant growth in its investment scale over the decades. In 1991, its annual investment exceeded £30 million for the first time, and by 2007, this figure grew to over £300 million. By 2001, the firm had completed its 300th investment, reaching its 400th by 2007. While it previously maintained an international presence through LDC (Asia) Limited in Hong Kong, that subsidiary was liquidated in 2015 as the firm focused its operations on the UK market.

Founded1981
HeadquartersLondon, United Kingdom
AUMNot specified
Target investmentMid-market
EmployeesNot specified
StrategiesPrivate Equity, Venture Capital, Mid-market investments
Sector focusPrivate equity, Venture capital, Commercial banking
Geographic focusUnited Kingdom

Leadership

John Garner
Managing Partner
Jonathan Bell
Managing Partner, North
Nicol Fraser
Managing Partner, Head of London
Ann Kenny
Chief Finance Officer
Richard Haynes
Partner, Head of Value Creation Partners
Aylesh Patel
Partner, Head of South
Chris Handy
Partner, Head of West Midlands
Dale Alderson
Partner, Head of North West
Dan Smith
Partner, Head of Yorkshire
David Bains
Partner, Head of East Midlands and East of England
Dewi Hughes
Partner, Head of South West & Wales
Gareth Marshall
Partner, Head of North East & Scotland
Chris Baker
Partner
Chris Coulton
Partner
David Andrews
Partner
John Clarke
Partner
Martyn Vitty
Partner
Nicola Gray
Partner
Rachael Baker
Partner
Rob Powell
Partner

Notable Investments

NEC GroupUK2 Group

Historical and current deals referenced in public sources.

Portfolio Companies

CompanySectorStatusWebsite
AppCheck—Current—
BCIS—Current—
Brady Solicitors—Current—
Daintta—Current—
Eagle Eye Innovations—Current—
Fortus—Current—
Frankham Group—Current—
Global Autocare—Current—
Hybrid—Current—
i247—Current—
i247 Group—Current—
IDSL Group—Current—
Mi Hub—Current—
Nu-Style Products—Current—
PAM—Current—
PAM Group—Exited—
Praesto Consulting—Current—
Sedex—Current—
Stonbury—Current—
UBDS Group—Current—
Vista Technology Support—ExitedVisit ↗
WifinityTechnology/ICTCurrent—

Source: http://www.ldc.co.uk/portfolio

Portfolio Web Readiness

Not yet assessed

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Sources

This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Lloyds Development Capital and does not provide investment advice.

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