IP Solutions eyes acquisitions following LDC investment

Mid-market private equity firm LDC has invested in London-based IP Solutions and given it access to additional capital to fund acquisitions and build scale in the UC marketplace.

As well as acquisitions IP Solutions plans to expand its services with new products as more companies move to cloud-based services. 

David Garman, former Chief Executive of TDG, will join the board as Chairman alongside LDC Investment Directors Alex Clark and Troy Harris-Speid.

LDC is backing the existing, experienced management team, which is led by CEO Matthew Parker (pictured) and includes CFO Olly Garland, CMO Jeremy Langley and CTO Andy Lindsell.

Parker said: "In recent years we have delivered strong organic growth thanks to our focus on innovation and working with customers who are driving genuine transformation.

"Having built a strong business platform, we're now keen to accelerate our scale through the acquisition of other high performing businesses with complementary technologies, geography and customers.

"Bringing a new investment partner like LDC on board, with its track record for supporting major acquisition programmes, will enable us to make this happen."

Alex Clark, Investment Director at LDC, added: "Matt and the team have an impressive track record in scaling businesses, having successfully delivered and integrated a total of 10 acquisitions in previous roles.

"Their experience aligns with their ambitions for the business and our support."

IP Solutions services over 200 small and mid-sized businesses that include National Geographic, Oak Furniture Land and Secret Escapes.

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