Summary
LDC, part of Lloyds Banking Group, has completed a minority private equity investment in AppCheck, a Leeds-based cybersecurity software vendor. This strategic funding aims to bolster AppCheck's organic growth and facilitate its expansion into international markets, building on its advanced dynamic application security testing and vulnerability discovery solutions.
Summary of transaction details:
- Value: Undisclosed
- Sector: Software & SaaS (Cybersecurity)
- Advisor: RSM (advised AppCheck)
- Key Entities: AppCheck (Target), LDC (Investor)
- Location: Leeds, UK (Target HQ)
Note: This investment underscores the growing importance of advanced cybersecurity solutions in protecting businesses from evolving threats, with LDC backing AppCheck's experienced management team for continued innovation and market penetration.
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Growth prioritisedOriginal Source
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