£20m buyout at transport management software firm
A transport management software firm has been bought by a private investment company in a £20m deal.
LDC has backed the secondary buyout of Mandata, which has a Leeds office and employs 60 people, in a deal which is expected to accelerate organic growth. The deal also represents an exit for private equity firm, Synova Capital.
Mandata, headquartered in Northumberland, designs and develops software that allows road transport operators to manage workflow and data more effectively.
Mark Norcliffe, CEO of Mandata, said: “B... You can carry on reading TheBusinessDesk.com 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...
