Clearwater International UK advises Littlefish on its investment from LDC and debt raising from HSBC
Clearwater International has advised the shareholders of Littlefish, a leading mid-market outsourced IT services provider, on securing a significant investment from private equity firm LDC and debt facilities from HSBC to support its growth strategy.
Littlefish is a fast-growing and award-winning provider of outsourced IT services. The business delivers tailored managed IT service solutions and consultancy through a unique service proposition, with customer satisfaction at its core. Littlefish’s service solutions are provided to private and public companies, increasing business productivity and cost efficiency whilst delivering an enhanced user experience. The business employs over 200 staff.
Acquired through a MBO in 2010, Littlefish’s management set out to disrupt the standard models of managed IT services - where the larger incumbent service providers often fail to perform. The team has taken the business on an exciting growth journey and developed a strong reputation in the market. This reputation is underpinned by first class operational KPIs and evidenced both by the length of relationships with its clients and the ability to win new business in a variety of markets, predominantly through positive references.
LDC has strong credentials in the TMT sector gained from previous investments. Littlefish aims to benefit from LDC’s network, which will help unlock further market opportunities.