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LDC-backed Pace Group buys Ideal Lifts Services in South West push
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LDC-backed Pace Group buys Ideal Lifts Services in South West push
  • LDC-backed Pace Group acquired Ideal Lifts Services, Elevators Ltd, and City Lift Services to expand its UK lift maintenance platform.
  • Deal gives Pace its first operating base in South West England via Ideal Lifts Services in Okehampton, Devon.
  • Acquisitions add 2,000 units, lifting the group’s portfolio to about 15,000; headcount rises by 30 to about 240.
  • Since LDC’s July 2024 investment, Pace has completed 20 acquisitions; revenue has increased from about GBP 19 million to about GBP 40 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LDC (Managers) Ltd. published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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