Addleshaw Goddard advised Commsworld on a major investment by mid-market private equity house LDC.
Edinburgh-headquartered Commsworld provides connectivity, cloud, security, unified comms, and IT infrastructure services to the public and private sectors, with key client relationships including Taylor Wimpey, Skyscanner and Edinburgh Airport.
Established in 1994, Commsworld has 110 staff based across its offices in Edinburgh, Glasgow, London and Aberdeen and recorded revenues of £20 million for the financial year ending December 2018 – a 41 per cent increase on the previous 12 months.
Lloyds Development Capital (Holdings) Limited (LDC), is a mid-market private equity house and subsidiary of Lloyds Banking Group
David Kirchin (Picture), Partner and Head of Corporate at Addleshaw Goddard in Scotland, advised on the deal.
Involved fees earner: David Kirchin – Addleshaw Goddard;
Law Firms: Addleshaw Goddard;