Home > M&A deals 2008 > Lloyds TSB Development Capital Ltd. (LDC) acquires Leasedrive Velo Ltd.
Secondary Buyout · Business Services · August 2008

Lloyds TSB Development Capital Ltd. (LDC) acquires Leasedrive Velo Ltd.

On August 29, 2008, Lloyds TSB Development Capital Ltd. (LDC) acquired Leasedrive Velo Ltd., a business services company in United Kingdom, from Lloyds TSB Development Capital Ltd. (LDC).

Deal at a glance

AnnouncedAugust 29, 2008 TypeSecondary Buyout TargetLeasedrive Velo Ltd. Buyer Lloyds TSB Development Capital Ltd. (LDC) Seller Lloyds TSB Development Capital Ltd. (LDC) SectorBusiness Services LocationUnited Kingdom ValueMembers only

Target company

Leasedrive Velo Ltd.
United Kingdom
Business Servicessector
-founded
Activestatus
View the company profile →

Buyer

Lloyds TSB Development Capital Ltd. (LDC)
Private equity firm · 283 deals on record
  • 10th transaction in business services
  • 70th transaction in United Kingdom
283deals, all time
35in this sector
2022latest

Seller

Lloyds TSB Development Capital Ltd. (LDC)
Private equity firm · 283 deals on record
283investments
35in this sector
150exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

Related deals

CakesmithsSame lead buyer · Mar 2022
Aspire Technology SolutionsSame lead buyer · Mar 2022
CTI Digital Ltd.Same lead buyer · Mar 2022
The Stroma GroupSame seller · Feb 2022
Stuart Turner Ltd.Same seller · Jan 2022
CitySprint (UK) LtdSame seller · Jan 2022

Questions about this deal

Who acquired Leasedrive Velo Ltd.?Lloyds TSB Development Capital Ltd. (LDC) acquired Leasedrive Velo Ltd. on August 29, 2008.

Who sold Leasedrive Velo Ltd.?Lloyds TSB Development Capital Ltd. (LDC) was the seller.

What type of deal was it?It was a secondary buyout in the business services sector in 2008.

See the full picture on AcquityDataContacts, full deal histories, co-investors and deal values. Free for a day with your Google account, no card needed.
Try it free
Data updated daily on AcquityData (Acquity Data).