Wednesday, May 29, 2024

Mansfield performance doorset specialist secures investment

“We were looking for a partner to help us continue on our current growth trajectory, as well as to identify and capitalise on new opportunities. LDC has a track record in helping businesses like ours to grow, a personal approach and a sizeable local presence,” said Ash Malhan, Managing Director, Integrated Doorset Solutions.

Ash Malhan continued: “Along with being a customer of Lloyds Bank, we’ve known the team at LDC for years. We’re looking forward to working together to enhance different areas of the business as we begin the next stage of our journey.”

David Bains, Partner and Head of LDC in the East Midlands and East of England, added: “IDSL is a leader in providing performance doorsets that are critical to its customer base, and the regular inspections and maintenance that keep their users safe.

“Ash and the business’s management team are highly experienced and committed, and we’ve built a strong, longstanding relationship with them over the last few years. With the expertise of the team and the opportunities in the market to grow through making complementary acquisitions, there’s no reason IDSL can’t keep going from strength to strength.”

LDC was advised by BDO (corporate finance and commercial due diligence), Cortus (financial), Claritas (tax), Catalysis (management), Mactavish (insurance), BFG (commercial) and Browne Jacobson (legal).

IDSL was advised by Magma (corporate finance) and Keystone (legal).

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close