Access here alternative investment news about Ldc Invests In Tech And Procurement Firm The 55 Group As Maven Exits After Three Years
Private Equity
Owner of Pagabo vows to 'take the business to the next level': Private equity giant LDC has made a “significant investment” in Yorkshire tech firm The 55 Group with Manchester investor Maven exiting after three years of growth. The 55 Group was founded following Maven’s investment in 2021 and includes three brands - procurement platform Pagabo, contract management software Sypro and social value measurement software Loop. Since 2022 it has more than doubled in size, employing almost 100 people, and has moved to a new headquarters in the centre of Hull.