The investment was led by LDC's Aziz Ul-Haq and Richard Ibbett, who will join the board, as well as Grant Goodwin. Former CEO of Capita, Andy Parker, will also join PAM’s board as a non-executive chairman.
DWF's Corporate team advised on this latest transaction for LDC, led by partner and Head of Private Equity, Jonathan Robinson, senior associates Darren Ormsby and Francesca Kinsella and associate, Rebecca Gargary.
Jonathan Robinson said: "We are pleased to advise LDC once again on this latest investment, which will provide a platform for PAM to deliver even more new services for its multitude of blue-chip and public sector clients. We wish the leadership team at PAM every success with this new phase of growth."