Project Description

HMT provided buyside lead advisory services to LDC on their investment in secure data platform provider Aker Systems.

Aker Systems was founded in 2016 by a team of experienced technology professionals who recognised an opportunity to provide highly secure enterprise data platforms to large organisations. The business designs, builds and operates ultra-secure public cloud data environments for large private and public sector clients. Its proprietary technology solutions drive performance and reduce costs while helping its clients to improve the management and sharing of data across their organisations.

LDC’s strategic partnership with Aker Systems will support the management team as they further invest in research and development relating to their proprietary software and services and continue to grow the business’ team of highly experienced experts.

LDC is backing the business’ existing management team led by CEO Darren Thomas, CFO Richard Hodsden, CCO Adam Crawford and Founder Director Adam Fawsitt. Tom Burnet will join Aker Systems as Non-Executive Chairman while Sir David Capewell will continue as a Strategic Adviser.

The deal was led by LDC Investment Director Chris Baker and Head of LDC in the South Lawrence Dean, and was supported by Klara Klarowicz. As part of the transaction, Lawrence Dean and Chris Baker will join the board as Non-Executive Directors.

LDC was also advised by Gateley, ITC Secure, CIL, EY, KPMG and DC Advisory. Aker Systems was advised by Grant Thornton and Birketts.

Chris Baker, Investment Director at LDC commented:

“The team at Aker Systems has developed a market leading and highly sophisticated proposition which helps very large organisations operate more efficiently in the public cloud, enabling superior use of data whilst also delivering performance and cost benefits. We’re looking forward to helping the team build on an already impressive track record of growth.”

Andrew Thomson commented:

“We are delighted to have advised LDC on their strategic investment in Aker Systems. With LDC’s support, Aker Systems will continue its exciting growth trajectory as the market leader in the cloud data space. We look forward to continuing working with them in the future.”