14 August 2023
We have advised the management team of Sedex, a market-leading sustainability data and technology provider, on entering into a minority investment with LDC, a private equity investor and part of Lloyds Banking Group.
Founded in 2004 and headquartered in London, Sedex’s technology platform, tools and consultancy services enable organisations to assess, manage and report on ESG risks and impacts across their supply chains, as part of meeting the rapidly evolving landscape of sustainability-related demands faced by businesses globally. Sedex now employs over 200 people across offices in the UK, Australia, Chile, China, India and the US.
The investment allows Sedex to further invest in developing its platform, tools and professional services, leveraging the power of data and technology for its members’ benefit and fuelling its international expansion plans. Sedex is also establishing a Special Purpose Trust to maintain the company’s founding purpose and stated mission, to make global supply chains more socially and environmentally sustainable.
Commenting on the investment, Private Equity Partner Suzy Davis said: "Sustainability-related demands are rapidly evolving and we are pleased to have advised the management team of Sedex on this investment, which allows them to empower businesses to make global supply chains more socially and environmentally sustainable. We look forward to the partnership driving more positive impact in the industry."
CEO of Sedex, Jon Hancock commented: "We are delighted to partner with LDC whose purpose very much aligns with our own and their support will allow us to accelerate our growth plans while maintaining our focus on driving tangible improvements and positive change. We would also like to extend our gratitude to the Taylor Wessing team for delivering exceptional service and legal advice throughout the transaction."
The team was led by Partners Suzy Davis and Emma Danks and Associates Catie Raymond and Erin Chu in the Private Equity team. Further support was provided by Partner Helen Farr and Senior Counsel Roxane Davey in the Employment, Pensions and Mobility team, and Partner Ann Casey and Senior Associate Elliot Michaelson Taylor in the Tax and Incentives team.
by multiple authors
by Emma Danks and Jonny Bethell
by multiple authors