PE-backed MBO for luggage brand with roots in Manchester

Substantial exit for LDC, which bought the business out of administration 7 years ago
Luggage business Antler has completed a management buyout, marking a substantial exit for private equity house LDC after it bought the historic brand out of administration seven years ago. The Manchester office of mid-market private equity investor Endless has backed the deal, led by partner Tom Jack and investment director Richard Harrison, both of whom will join the Antler board. David Sharman, chief executive officer, will continue to lead the company after the Endless buyout. Antler has a turnover of £35m, with 280 emplo... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...