LDC exits WCCTV to European infrastructure investor Arcus

Rochdale-headquartered WCCTV was formed back in 2001 to meet the growing demand for surveillance technology capable of operating independently of fixed infrastructure networks, with an offering including tower surveillance systems and redeployable CCTV. Its UK and US customer base includes critical infrastructure providers, major construction firms, property management teams, retailers, rail companies and public sector organisations.

LDC’s exit follows a successful five-year partnership with WCCTV, having backed founder Tim Williams and CEO David Gilbertson in 2021 with a £30 million minority investment. During that time, the business has almost doubled its workforce and grown revenue threefold to £50 million, expanding rapidly in its domestic and US market and launching a suite of innovative new products and services. In April 2025, the business relocated to a new purpose-built head office in Rochdale, Greater Manchester.

In 2024, WCCTV was recognised for its exceptional performance in ESG, diversity and innovation as part of the BVCA Vision Awards after implementing numerous environmental practices and increasing its female workforce as well as the percentage of employees of different ethnicities.

In January 2025, the company was also named in The Sunday Times 100 Tech, a ranking of Britain’s fastest-growing private technology companies.

LDC’s exit was led by investment director Richard Ibbett and Dale Alderson  (head of the North West and a partner of the business). The transaction represents a money multiple of 3.3x for LDC.

Vision and ambition 

David Gilbertson said: “LDC backed our vision and ambition for the business five years ago and has served as a collaborative and trusted partner ever since. The partnership has enabled us to invest significantly in the business and expand our presence, in particular in the US market., which now represents 50% of our revenue.”

Gilbertson added: “We’re excited that Arcus is backing the next chapter of our growth journey as we continue to develop and deploy our systems in critical situations around the world.” 

Dale Alderson commented: “Tim and David had already built an impressive business when we backed the team in 2021. Since then, WCCTV has gone from strength to strength and we are exceptionally proud of what the team has achieved: expanding internationally, tripling revenue, doubling headcount and significantly broadening its range of products and services. Today, the business is well positioned for its next phase of growth with Arcus and we wish the company every success on the next stage of its journey.”

LDC and WCCTV were advised by Lincoln, SPBs, OC&C and PwC.

Arcus was advised by Houlihan Lokey (M&A and financing), Ashurst (legal), Roland Berger (commercial), Endava and WSP (technical and operations) Deloitte (financial, tax and structuring) and Aon (insurance).

Terms of the transaction, which is subject to National Security and Investment Act approval, remain undisclosed.

*Further information is available online at www.wcctv.co.uk