Posts tagged: Lloyds Development Capital

REVEALED: Lloyds-backed VC prepares to sell CitySprint for up to £200 million - sources - Part 2

Monday, 22 February 2021, 12:19 pm

Tucked away in the back of yesterday's Mail on Sunday's business section was a rather interesting nugget from Alex Lawson, a senior City hack on the paper.

Lawson's Stockwatch column reports Menzies Distribution could be about to pursue more acquistions after hiring Andy Clarke, the former Asda chief executive as chairman of the business...

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REVEALED: Lloyds-backed VC prepares to sell CitySprint for up to £200 million - sources

Saturday, 16 February 2019, 12:34 am

An investment firm owned by Lloyds Banking Group is preparing to sell CitySprint, one of Britain's biggest same-day delivery companies.

People familiar with the matter said Lloyds Development Capital, the private equity arm of Lloyds, had recently appointed advisers from corporate finance firm Raymond James to look at offloading CitySprint...

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Lloyds buy-out arm in the running to buy Lambrini, Crabbie's and City of London Gin maker - sources

Tuesday, 18 September 2018, 1:10 pm

The dreaded "Brexit uncertainty" seems to be dominating every aspect of media business coverage at the moment, including deals and dealmakers.

But there is one private equity firm that appears to be keen to continue in buying UK businesses no matter what: Lloyds Development Capital, the private equity wing of Lloyds Banking Group...

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