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LDC invests in Global Autocare

Mid-market private equity firm LDC has made a significant investment in Leeds-based Global Autocare to support its ambitious organic growth strategy. The transaction will see LDC take a significant minority stake in the business, backing the existing management team. Global is an independent corporate mobility and fleet management provider. Global Autocare was advised by the corporate and banking teams at Squire Patton Boggs (legal), led by corporate Partner Paul Mann. LDC was advised by Grant Thornton (corporate finance), Addleshaw Goddard (legal) and KPMG (due diligence and tax).