Texecom manufactures and supplies intruder detection and mass notification solutions to the global commercial, industrial and high-end residential markets protecting millions of properties around the world. It also uses digital and cloud-based technology to provide integrated security and building management systems.
The business turned over £33.4m FYE March 2021 and employs more than 380 people across its manufacturing facilities in Haslingden and Delph, and international offices in India, China, Spain and Belgium.
LDC’s significant investment will support Texecom’s existing management team, led by Managing Director Jim Ludwig, to build on its market-leading position and international presence through developing new products, enhancing its digital services and exploring complementary acquisitions.
The investment was led by LDC’s Head of Yorkshire Dan Smith and Investment Directors Will Scales and Leigh Daveran. As part of the transaction, Dan and Will join Texecom’s Board as Non-Executive Directors.