Vista Retail Support (Vista), a leading independent IT services company, has secured a £14m investment from leading mid-market private equity firm LDC to accelerate its growth and fund new acquisitions. The deal values the business at almost £30m.
Richard Cottrell, Managing Director of Vista Retail Support, said: “We have established ourselves as the go-to partner for IT and technology support in the retail, leisure and hospitality sectors, but we want to extend our reach further and continue to grow both organically and through strategic acquisitions.
“From the outset, LDC understood the ethos of the business, which is centred on providing outstanding customer service to our clients. This made them a natural growth partner for us. Having LDC on board will give us the additional expertise and firepower needed to develop the business and capitalise on market opportunities to significantly increase our operations and scale.”