Magma Corporate Finance are pleased to have advised the shareholders of Integrated Doorset Solutions Limited (IDSL) in their recent transaction with Lloyds Development Capital (LDC).

IDSL and its group companies manufacture, supply and maintain high quality performance doorsets and related architectural solutions, ideally suited to the health, education, commercial, leisure, office fit out and high-end residential markets.

IDSL have been on a rapid growth journey in recent years with an increased focus on fire safety on building projects both large and small.  LDC’s investment will allow IDSL to continue on their ambitious growth strategy.

LDC is backing IDSL’s existing management team, headed up by founder Ash Malhan as the business looks to continue on its current growth trajectory.

Ash Malhan said of the transaction “Having taken the business from nothing to c£40m turnover In less than 10 years, our growth story is nothing short of incredible.  Partnering with LDC now will enable us to expand further, enhancing both our own capabilities and market opportunities.  We are excited about this next phase of our journey and the benefits it will bring to both the team and customers”.    

He added “Magma have been a huge help to us on this transaction, just as they have more widely over the last 10 years.  Their deal advisory and tax expertise added significant tangible value, alongside their invaluable transaction handling, knowledge and support”.

Mark Tuckwell Corporate Finance Partner of Magma added “Great to have worked so closely with the Ash and the IDSL team on this transaction and really excited for them in this next chapter”.