LDC, the private equity arm of Lloyds Banking Group, has backed the buyout of Instinctif Partners, the international business communications consultancy. The investment will support growth across international markets and recruitment plans.
Headquartered in London, Instinctif Partners provides strategic advice to the boards and executive teams of leading companies worldwide. It employs more than 300 professionals in 12 offices located in the UK, Germany, Republic of Ireland, Brussels, Dubai, South Africa, Hong Kong and the Greater China region.
LDC’s investment will support the management team’s strategy to deliver growth across its international offices through client-centred, integrated and innovative communications services. Recruitment of new talent across the firm will complement strategic growth.
Plural supported LDC with commercial due diligence. Plural’s team was led by Jim Easton, Jonathan Dufton, Bart Vervoort, and Gaby Rimmer.