PE group exits Bolton law firm Keoghs after significant growth journey

John Whittle
LDC has agreed to sell its minority stake in Bolton-based insurance law firm Keoghs to specialist professional services and technology business Davies.During a successful seven-year partnership with LDC, the private equity arm of Lloyds Banking Group, Keoghs increased its revenues by 70% from £55m in financial year 2012 to £93m in 2019, and grew employee numbers from 1,200 to 1,700. The value of the exit is undisclosed.The top 50 law firm is headquartered in Bolton and has a network of 10 geographical locations across the UK... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...