LDC invests in IDSL
Summary
LDC, the private equity investor which is part of Lloyds Banking Group, has invested in Integrated Doorset Solutions Limited Group (IDSL), a leading performance doorset specialist, to partner with the management team and support its ongoing growth strategy. The transaction will help IDSL to target further organic growth and make acquisitions in a highly fragmented market.Founded in 2015 and based in Mansfield, Nottinghamshire, IDSL manufactures specialist performance doorsets, such as fire and security doors, for use in buildings including hospitals, schools, student accommodation, commercial and residential properties. IDSL has a strong reputation for quality and customer service, and the widest range of performance door intellectual property in the market, that the business continues to invest in. The market, which is highly regulated, is also benefitting from long-term, structural tailwinds including increasing regulation, and is forecast to grow at around 5% through to 2030.LDC is backing IDSLs existing management team, led by Founder and Managing Director Ash Malhan. John Willox, formerly of fire safety testing and inspection group Exova, is joining the business as Chair.