Management acquires LGC

11 May 2006 – London (UK): The senior management team at London Graphic Centre (LGC) and private equity partnership Core Growth Capital have acquired LGC for an undisclosed sum.

Formed in 1973, LGC has revenue of £15.4 million ($28.7 million) and is one of the largest independent dealers supplying to the London market with four retail outlets, an online service and a specialist colour printing division.

 

LGC’s new board is headed by Gordon Christiansen and supported by finance director Peter Allen and four other senior management members.

 

Former OyezStraker chief David Cox is chairman of the new company.