LDC again leads regional BVCA awards

The UK mid-market investor was for the second year in succession the front-runner at the BVCA’s portfolio company management awards.

Lloyds Development Capital has grabbed seven awards at the British Private Equity & Venture Capital Association’s (BVCA) 2010 portfolio company management awards. It currently leads at the regional stage with its nearest rivals being Zeus Private Equity, Lion Capital, Matrix Private Equity Partners and Amadeus Capital which all won two awards each.

This is a repeat of the 2009 regional awards which LDC also led. At this stage of the competition there are six regional winners in seven categories, each of which will battle it out for their category’s national prize in the September 30 finals in London. The awards categories include ESG, exit and international impact; there are also separate awards for firms in the large buyout and mid-market sectors.

LDC’s awards include two in the best chief executive officer category for its portfolio firms Card Factory and St Tropez.

New Look, the retail chain backed by Apax Partners, won the London/South East’s Large Buyout award and Kohlberg Kravis Roberts-backed pet shop chain Pets At Home won the corresponding award in the North West. Other winners include Carlyle’s portfolio company The Mill and Blackstone’s United Biscuits for the London/South East CEO and ESG awards, respectively.

Voted for by a panel of industry experts and BVCA regional representatives, the awards honour the achievements of management teams of private equity- and venture capital-backed companies in the UK. This year’s awards have been renamed from the 2009 CEO Awards. Last year, LDC led at this stage with four awards, closely followed by Bank of Scotland. Neither firm, however, won at the finals.