LDC Buys Majority Stake in UK2 Group, Pays $77.8M

LDC, a middle-market private equity firm and part of the Lloyds Banking Group, has paid 47 million pounds ($77.8 million) for a majority stake in hosting company UK2 Group Inc. Formed in 1997, UK2 Group is a provider of domain name registration and web-site hosting services. UK2 Group has offices in London and Utah.

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