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london drainage facilities, yfm private equity, management buyout

London Drainage

Planned and emergency drainage services, drainage monitoring for real estate managers

Sector
Business Services
YFM investment
Undisclosed
Investment date(s)
2023
Deal type
Buyout
Location
Essex

"We are very proud of LDF’s journey to date, but our partnership with YFM is about taking the business to the next level. YFM’s experience in scaling similar businesses is what we have been looking for. YFM has also spent considerable time getting to know us and our business, so we are pleased to welcome them on board not only as an investor but also as a partner."

Danny Fuller, MD

Key Information

The Business

London Drainage Facilities (LDF) is a leading commercial drainage company providing comprehensive services to clients across London and the surrounding areas. Established in 2006 by Danny and Lucie Fuller, LDF has built a strong reputation for excellence, offering planned and emergency maintenance, drainage repairs, remediation works, CCTV surveys, and the installation of new drainage systems.

Operating 24/7/365, LDF ensures reliability and efficiency in managing both routine and complex drainage issues for a diverse regional client base. The company’s customer-centric approach and high-quality service delivery have made it a trusted name in the industry.

Why We Invested

YFM Equity Partners invested in LDF to support its next phase of growth. The company operates in a resilient and essential sector, with strong demand for professional drainage services. Danny and Lucie Fuller have successfully developed a scalable business model with significant growth potential, making LDF an ideal partner for YFM.

The investment also reflects YFM’s strategy of backing high-potential businesses with a focus on operational excellence, innovation, and sustainable growth. LDF’s commitment to enhancing its service offering and expanding its reach aligns perfectly with YFM’s investment philosophy.

Growth Potential

With YFM’s investment, LDF is poised to accelerate its development through several strategic initiatives:

  • Geographic Reach: The company has extended its footprint beyond London with the acquisition of Blockbusters, a well-established drainage specialist based in East Sussex. This bolt-on acquisition opens up new regional opportunities and creates a platform for further growth across the South East.
  • Team Expansion: LDF is growing its engineering team to meet rising demand and ensure capacity for both planned and reactive work. The business has recruited a Head of People to support this by establishing a more rigorous people function, improving recruitment and retention of engineers.
  • Service Diversification: LDF has continued to broaden its service offering, including plumbing and preventative maintenance, while Blockbusters brings established relationships in the South East region. Both businesses share a commitment to delivering high-quality, 24/7 customer service.
  • Operational Scale: The addition of Blockbusters brings operational scale and creates opportunities for increased efficiency through increased engineer utilisation,  centralised support functions and shared best practice.
  • Customer Opportunity: Blockbusters brings a well-established customer base, particularly in the social housing sector, complementing LDF’s core commercial focus. There are many opportunities for expansion of existing customer relationships within both businesses as a result of the increased scale, service offering and geographical reach of the combined group.

 

Impact and Future Plans
LDF’s first acquisition marks a key milestone in its growth journey, transitioning from a single-site family business to a multi-site operator with broader regional potential. The bolt-on brings greater scale, an expanded client base, and significant operational upside.

With further investment in people, technology, and geographic reach, LDF aims to become the go-to drainage partner for commercial clients across the South East and beyond.

Looking forward, LDF aims to build on its strong foundations to become the go-to commercial drainage provider in the South East, driving innovation and operational excellence in the sector.