LDC exits Midlands healthcare manufacturer
A £40m Hinckley manufacturer of healthcare equipment has been sold by its private equity owner to a fellow investment firm.
LDC has sold Prism Medical to Limerston Capital for an undisclosed sum.
Prism specialises in moving, handling and bathing equipment for elderly, disabled and mobility disadvantaged clients.
LDC first backed the management buyout of Prism in April 2014. Over the past four years LDC has helped the business to accelerate its buy and build strategy, increase exports and invest heavily in new product develop... For the full story register now for free or login below...