LDC’s Investment Into BCIS

In UK Addleshaw Goddard, advised on the matter.

Addleshaw Goddard advised LDC – Lloyds Development Capital with a team including Garry Elliott (Picture – Corporate M&A), Peter Wood (Corporate M&A).

The BCIS, which was established by the Royal Institution of Chartered Surveyors (RICS), is set to become an independent company with the investment enabling it to further invest in its technology platform and data.

BCIS supports around 4000 customers across the construction, facilities management and insurance sectors. RICS will continue to hold a minority shareholding in the company.

The AG team advising LDC, the private equity arm of Lloyds Banking Group, was led by partners Garry Elliott (Picture) and Pete Wood, supported by David Parker, Victoria Kierans, Jack Irwin and Ed Warmington.

Involved fees earner: Garry Elliott – Addleshaw Goddard; Jack Irwin – Addleshaw Goddard; Victoria Kierans – Addleshaw Goddard; David Parker – Addleshaw Goddard; Peter Wood – Addleshaw Goddard;

Law Firms: Addleshaw Goddard;

Clients: LDC – Lloyds Development Capital ;

Author: Giulia Di Palma