LDC Provide £10m development capital to Icon Polymer Group

Deal typePrivate Equity & Transaction Services

The BDO Midlands Transaction Services team has recently provided financial and taxation due diligence services to LDC in support of its £10m development capital  investment into Icon Polymer Group.               

Icon Polymer is a world-leading technology driven designer and manufacturer of polymer composite products. Their products are found in extreme operating environments for global industries including; Aerospace, Transport, Energy and Industrial.                 

The investment will enable the business, which will subsequently rebrand to Applied Composites Group, to accelerate a number of strategic initiatives to increase revenues in its core sectors of aerospace and rail.  

"We have worked with the BDO Transaction Services team on a number of deals and they continue to provide excellent advice. They developed a deep understanding of the business and produced a high quality report which highlighted all key issues and messages in a clear and concise way. They continue to be a trusted advisor who I would highly recommend for future transactional support".       

Rob Apollo - Investment Manager - LDC