LDC backs £22.5m MBO of Precision Micro
Mid-market private equity investor LDC has backed the £22.5m management buyout (MBO) of Precision Micro Limited, Europe’s market-leading photo-chemical etching company, from global aerospace, defence and energy group Meggitt PLC. As part of the deal, LDC has invested £13m of equity for a significant stake in the company, supporting a management team led by current…