March 2, 2021
Industrials and Industrial Technology
GCA Altium advises WCCTV on a minority investment from LDC
GCA Altium has advised Wireless CCTV (WCCTV), the market-leading supplier of redeployable surveillance solutions, on a GBP 30m minority investment from LDC, a leading mid-market private equity firm.
Founded in 2001 and headquartered in Rochdale, Greater Manchester, WCCTV is the UK’s leading Equipment as a Service provider of wireless surveillance products including redeployable CCTV, site security solutions and body worn cameras. Its products are utilised by the infrastructure, utilities, retail, transport and construction sectors, as well as local authorities and housing associations across the UK and the US. In February this year WCCTV received ISO 27001 accreditation, the gold standard in security management across the industry, for all of its products, services, offices and operations in the UK. WCCTV has three offices across the UK, with locations in Edinburgh and Luton alongside its Rochdale headquarters, and a fourth base in Texas, United States. The firm has a strong track record and has grown revenues by more than 50% in the last three years.
The partnership with LDC will accelerate WCCTV’s ambitious domestic and international expansion plans and support the launch of new products and services.
Tim Williams, Founder and Chairman at WCCTV, said: “Over the past 20 years we have built our reputation as the go-to for rapidly deployed and redeployable, surveillance solutions. I would like to thank our dedicated workforce and accomplished management team who we believe will deliver the next stage of our exciting growth strategy. With LDC’s backing we have an opportunity to scale at pace, further enhance our product range and extend our footprint both in the UK and overseas.”
Adam Sivner, Director at GCA Altium, said: “WCCTV is an excellent example of a leading North West based industrial technology company that has displayed continued international growth for a number of years. Its high-tech products are vital in protecting critical infrastructure in the UK and in the US. This backing from LDC will help the firm cement its position as a global leader in the field and we are excited to be on that journey with them.”