We are delighted to announce that LendingMetrics have secured a significant investment from LDC, the private equity investor that is part of Lloyds Banking Group. This investment will help us scale our presence in the UK’s fast-growing decisioning software and data market.
Led by co-founders CEO Neil Williams and Commercial Director David Wylie, LendingMetrics will use this backing to explore complementary acquisitions and diversify our presence in new vertical industries with similar credit risk challenges, such as the telecoms, utilities, and insurance markets.
The transaction was led by LDC Investment Director Oliver Schofield, Investment Manager Vera Kuehne, and Partner and Head of Region Dewi Hughes.
I am delighted that we have been able to agree this deal with such a highly regarded investor, committed to growth and expansion of UK home-grown businesses. The whole LendingMetrics team are responsible for the excellent reputation we have built in the decisioning technology sector and, with LDC’s backing, we look forward to leveraging our market-leading position to scale the business and identify new market opportunities and partnerships.
LDC has a successful track record in the technology sector. In the last decade, the firm has invested £715m into fast-growing technology businesses, backing management teams to achieve their ambitions. LDC’s current technology portfolio includes a diverse range of companies.
About LDC: www.ldc.co.uk/pressrelease
- LDC is a private equity investor and part of Lloyds Banking Group. It is authorised and regulated by the Financial Conduct Authority.
- We have partnered with more than 675 management teams since 1981 and have a portfolio of more than 90 businesses across the UK.
- We have made investments across all major sectors of the UK economy and are actively supporting businesses in industries including Business Services, Consumer, Healthcare, ICT, Industrials, Media, and Technology.
- Our teams are based in every part of the UK, and we’re committed to investing in at least 100 businesses nationally over the next five years.