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Finance

LDC helps accelerate growth of acquisitive engineering company with multi-million-pound investment Magazine

The Leeds office of non-public equity firm LDC has backed a Newcastle engineering firm with a multimillion-pound investment which supports support its UK-wide expansion strategy and fund the proposed buying of a Midlands counterpart, THDA.

Headquartered in Newcastle, Patrick Parsons has over 250 specialist engineers and supplies design services across civil, structural, geo-environmental and M&E disciplines to blue-chip clients into the residential, commercial and infrastructure sectors.

Some of your firm’s perhaps most obviously projects include consulting on restoration works at Durham Cathedral and developing our planet’s first modular flat packed white water river river course in Glasgow.

Under the leadership of Md Peter Stienlet and Board Directors Mark Turner, Grant Richardson, Doug Tidswell, Conor Murphy and Nick Beckwith, Patrick Parsons has enjoyed significant growth during the last few Many years, both organically and through a targeted acquisition strategy.

Since leading an administration buyout in November 2007, the organization has expanded turnover from

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