Private equity investor LDC, part of Lloyds Banking Group, has exited its investment in independent connectivity provider Wifinity.<\/p>\n
London-based Wifinity delivers tailored connectivity solutions that traditional telecom operators lack the capability and service model to provide.\u00a0<\/p>\n
The business serves clients across diverse markets including defence, leisure, specialist accommodation, corporate and public sector and offshore. Founded in 2007, it now serves over a million unique devices each month.<\/p>\n
LDC\u2019s exit follows a successful four-year partnership with Wifinity, during which the business has become a leading independent connectivity provider, doubling revenue and increasing headcount by 46%.<\/p>\n
With LDC\u2019s support, Wifinity has driven growth by investing in its wireless network infrastructure, deepening relationships with existing clients, winning new customers across multiple sectors, and making two strategic acquisitions \u2013 offshore vessel connectivity specialist Vital WiFi and network connectivity provider Next Connex.\u00a0<\/p>\n
These acquisitions expanded Wifinity\u2019s capabilities into new markets, including offshore energy platforms and commercial shipping, and strengthened its technical expertise in WAN, SD-WAN and infrastructure-as-a-service solutions.<\/p>\n
\u201cLDC\u2019s strategic guidance and deep sector experience has been instrumental in our journey to becoming the UK\u2019s leading independent connectivity provider in the end markets we serve,\u201d says Costas Demetriou, CEO at Wifinity.\u00a0<\/p>\n
\u201cTogether, we\u2019ve invested significantly in our infrastructure, launched into new markets and successfully integrated two businesses that have broadened our capabilities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Private equity investor LDC, part of Lloyds Banking Group, has exited its investment in independent connectivity provider Wifinity.…\n","protected":false},"author":2,"featured_media":51646,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21256],"tags":[6606,2861,10884],"class_list":["post-51645","post","type-post","status-publish","format-standard","has-post-thumbnail","category-lloyds-banking-group","tag-ldc","tag-lloyds-banking-group","tag-telecoms"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116657718690981294","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/51645","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=51645"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/51645\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/51646"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=51645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=51645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=51645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}