Senior team backed by private equity house LDC has acquired OCS Asset Solutions. :
A retail and financial services firm has undergone a management buyout backed by private equity house LDC. OCS Asset Solutions, whose West Midlands base is in Oldbury, has been acquired from international facilities management services company OCS Group. The deal, which includes a £13 million investment from LDC, will see the firm's six-strong management team co-invest for a significant stake. The company will now trade as Retail & Asset Solutions and Vehicle & Asset Solutions in the UK and Retail & Vehicle Solutions in Ireland.