London — July 20, 2016 — L.E.K. Consulting, a global management consulting firm, provided commercial due diligence support to LDC for its investment in the management buyout of ADEY, Europe’s largest domestic and commercial water treatment manufacturer. The investment was announced on 7th June 2016.
LDC selected L.E.K. to provide insight into ADEY’s markets and its commercial prospects, addressing several critical factors:
- Assessment of the UK market outlook, including size, growth and trends
- Survey of UK installers to understand their buying behaviour and their perspectives on the strengths of Adey compared to its peers
- Review of ADEY’s business plan and assessment of its achievability
- Identification and estimation of upsides and new opportunities in the UK, and the potential of new overseas markets, such as the U.S.
“L.E.K.’s comprehensive due diligence work validated strong market growth, the robustness of ADEY’s business plan, the commercial advantage of its technology and the scale of potential new revenue opportunities,” said Alistair Pendleton, Investment Director of LDC. “Based on L.E.K.’s insights, we were able to invest with confidence that ADEY”s revenue would grow in line with increasing consumer demand for sustainable, cost-effective heating solutions.”
About L.E.K. Consulting:
L.E.K. Consulting is a global management consulting firm that uses deep industry expertise and analytical rigor to help clients solve their most critical business problems. Founded more than 30 years ago, L.E.K. employs more than 1,000 professionals in 20 offices across the Americas, Asia-Pacific and Europe. L.E.K. advises and supports global companies that are leaders in their industries – including the largest private and public sector organizations, private equity firms and emerging entrepreneurial businesses. L.E.K. helps business leaders consistently make better decisions, deliver improved business performance and create greater shareholder returns. For more information, go to www.lek.com.
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