Brady Corporation Acquires Magicard Limited from LDC

Brady Corporation Acquires The Code Corporation

June 17, 2021

Manufacturing

Brady Corporation acquired The Code Corporation for approximately $173 million to enhance its track-and-trace product portfolio. The deal adds Code's high-performance barcode scanners and scanning software (with ~ $50M projected sales and ~$10M EBITDA next fiscal year) and aims to expand Brady's capabilities and addressable markets globally, particularly in healthcare and industrial track-and-trace applications.

Lifco Acquires Cardel Group from LDC

May 31, 2024

Manufacturing

Lifco has signed an agreement to acquire a majority of the shares in Cardel Group Ltd from private equity investor LDC. Cardel is a Hertfordshire-headquartered manufacturer of lamination plates and specialist components for ID documents, payment cards and PCBs (74 employees; ~GBP 16.5m net sales in 2023); Lifco will consolidate the business into its Systems Solutions area to support further global expansion and product and application development.

Brady Industries Acquires Majority Interest in MASSCO

October 8, 2019

Industrial Services

Brady Industries, a portfolio company of A&M Capital Partners II (part of Alvarez & Marsal Capital), has acquired a majority interest in MASSCO, Inc., a regional distributor of janitorial, office and packaging supplies headquartered in Wichita, Kansas. The acquisition is an add-on to Brady's platform that expands its product mix into industrial packaging and extends its distribution footprint into three additional states.

Brady Corporation to Acquire Gravotech (MML Exit)

August 1, 2024

Manufacturing

MML has received an offer and is proceeding with an information/consultation process to sell its Gravotech Holding securities to Brady Corporation. Brady, via Braton Europe S.A.R.L., would acquire 100% of Gravotech Holding’s share capital for an enterprise value of EUR 123 million, and MML later announced completion of its exit and sale of its investment to Brady.

Alvarez & Marsal Capital Acquires Majority Interest in Brady Industries

January 4, 2019

Industrial Services

Alvarez & Marsal Capital (A&M Capital) has acquired a majority interest in Brady Industries, a Las Vegas–based cleaning solutions provider founded in 1947. Brady operates 15 locations across multiple U.S. states with more than 350 employees; management will retain a meaningful equity stake while A&M Capital will provide capital and operational resources to expand Brady's geographic reach and product offering.

LDC Invests £13m in Hybrid

June 21, 2021

Marketing & Advertising

LDC, the private equity arm of Lloyds Banking Group, has invested £13 million in Bristol-based digital media and marketing agency Hybrid to support organic growth and enable targeted acquisitions. Hybrid, which serves higher education institutions and global technology brands and employs more than 70 people across offices in Bristol, Kuala Lumpur and Sydney, will retain its management team while founder James Craven remains as a Board Director.