TDC

The TDC team are proud to once again be supporting the Wood Street Mission Christmas appeal. A fantastic local charity, Wood Street Mission helps thousands of low-income families across Salford and Manchester each year. Their annual appeal for new toys, gifts and books aims to give all kids a joyful and unforgettable Christmas. It's definitely made us feel festive! #WoodStreetXmas

Interesting report outlining the essential role data centres play in the UK's digital economy with Keysource (a TDC portfolio company) being a crucial part of this market and report!

Delighted for team TDC who won Bank/Funder of the Year at last week's Insider Media North West Dealmakers Awards and against such a strong shortlist. Congratulations also to NRG Riverside and Beyond Law Group on their award winning transactions that were funded by TDC.

There was plenty for us to celebrate at last night's Insider Media North West Dealmakers Awards, taking home Bank/Funder of the Year.   Having built a national private credit platform of scale all from Manchester, we've always been proud of our Northern roots. Our team was recognised for completing a number of landmark deals across the UK, while still supporting Northern businesses through our Impact Fund.   Well done to all of our fellow nominees, and a big congratulations to the night's other big winners. Take a look at the full list of winners here: https://lnkd.in/exEM7YZy

There was plenty for us to celebrate at last night's Insider Media North West Dealmakers Awards, taking home Bank/Funder of the Year.   Having built a national private credit platform of scale all from Manchester, we've always been proud of our Northern roots. Our team was recognised for completing a number of landmark deals across the UK, while still supporting Northern businesses through our Impact Fund.   Well done to all of our fellow nominees, and a big congratulations to the night's other big winners. Take a look at the full list of winners here: https://lnkd.in/exEM7YZy

We've had a busy summer working across a number of new investments, including supporting Waterland Private Equity's investment into Beyond Law Group, and facilitating Risc IT Solutions Ltd's investment into Novem Ltd.   Our portfolio has also been very active, with a number of bolt-on acquisitions along with the first exit from out Impact Fund with Latus Health.   There's also plenty to celebrate, with India Kendrick being promoted to Investment Manager, along with our nomination at Insider Media's North West Dealmakers Awards for Banker/Funder of the year.   Take a look at everything the team has been up to...

We are pleased to announce the successful exit of Phoenix Equity Partners’ asset Nineteen Group from TDC Fund III after first investing in the business in May 2023. During the time of TDC’s investment the business has seen a significant increase in revenue and EBITDA through both organic and inorganic means. TDC’s support has helped the business expand to an international scale with shows now being hosted in New York, Chicago and Sydney following the acquisition of Oliver Kinross in September 2023. It has been a pleasure working with the leadership team Peter Jones (Founder and CEO), Alison Jackson (MD) and Jonathan Lacey (CFO) during our investment and we wish them, the business and Phoenix every success in the future. Read more about the success story here https://lnkd.in/emR2F2Na

Strong realisation for TDC Fund III and congratulations to all at Nineteen Group and Phoenix Equity Partners on this recent transaction.

Last night we had the pleasure of hosting our End of Summer Social at Electric Shuffle - it was great to catch up so many advisors, sponsors, lawyers and other funders from across the Manchester Corporate Finance community.   Thank you to all those who came along to support TDC. We value our professional relationships greatly and look forward to collaborating over the next 12 months.

Earlier this year, we successfully exited NRG Riverside after it was sold by Palatine to Astatine Investment Partners following a period of significant growth. We originally invested in the Lancashire-based business in 2017 before any other sponsor involvement, allowing the owners of NRG to release some capital from the business, with Palatine subsequently investing into the business in 2020. Since 2020, NRG’s revenue has grown more than 50%, with employee headcount increasing to more than 220 across 10 sites. Read more about our work with NRG Riverside here: https://lnkd.in/eUATHA-e