Home > M&A deals 2021 > Lloyds TSB Development Capital Ltd. (LDC) acquires Sohonet Ltd.
Secondary Buyout · Internet Software and Services · March 2021

Lloyds TSB Development Capital Ltd. (LDC) acquires Sohonet Ltd.

On March 4, 2021, Lloyds TSB Development Capital Ltd. (LDC) acquired Sohonet Ltd., an internet software and services company in United Kingdom, from FF&P Private Equity Ltd.

Deal at a glance

AnnouncedMarch 4, 2021 TypeSecondary Buyout TargetSohonet Ltd. Buyer Lloyds TSB Development Capital Ltd. (LDC) Seller FF&P Private Equity Ltd. SectorInternet Software and Services LocationUnited Kingdom ValueNot disclosed

Target company

Sohonet Ltd.
United Kingdom
Internet Software and Servicessector
1991founded
Activestatus
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Buyer

Lloyds TSB Development Capital Ltd. (LDC)
Private equity firm · 283 deals on record
  • 9th transaction in internet software and services
  • 248th transaction in United Kingdom
283deals, all time
11in this sector
2022latest

Seller

FF&P Private Equity Ltd.
Private equity firm · 23 deals on record
23investments
1in this sector
14exits

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Questions about this deal

Who acquired Sohonet Ltd.?Lloyds TSB Development Capital Ltd. (LDC) acquired Sohonet Ltd. on March 4, 2021.

Who sold Sohonet Ltd.?FF&P Private Equity Ltd. was the seller.

What type of deal was it?It was a secondary buyout in the internet software and services sector in 2021.

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