LDC backs MBO of PEI Media Group

PEI Media Group, owner of Real Estate Capital, has secured financial backing from UK mid-market private equity provider LDC for a management-led buyout of the alternative assets information business. LDC, which is part of Lloyds Banking Group and exclusively invests off the bank’s balance sheet, has made a significant equity investment for a minority stake in the business. PEI’s management team, led by chief executive Tim McLoughlin, also invested in the transaction. Co-founders David Hawkins and Richard O’Donohoe are becoming non-executive directors and will continue to hold a minority interest.

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