LDC exits ByBox in £221m deal September 7th, 2018

ByBox, specialists in smart locker technology and field service solutions, have announced a strategic investment from Francisco Partners that values ByBox at £221 million. This comes after an exit from LDC after they originally provided £37.5m of capital in 2016.

Francisco Partners, a private equity firm, backs ambitious technology-enabled businesses and will support ByBox’s expansion of its UK infrastructure and global deployment of its ‘Konnect’ app-locker solution.

https://www.ldc.co.uk/news/2018/09/ldc-exits-bybox-in-221m-sale-to-francisco-partners

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