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By Elliot Gulliver-Needham Lloyds Bank’s private equity arm LDC has exited its investment in London-based cloud and digital services provider Kerv after three years in the firm. As part of the transaction, Bridgepoint Development Capital has invested in Kerv for a majority shareholding and LDC has reinvested £30m to support the continued growth of the business. Within the departure, Bridgepoint Development Capital has taken a majority shareholding in Kerv, with LDC reinvesting £30m into the firm. Kerv was started in July 2020 with £22m of funding from LDC after founder Alastair Mills and Mike …

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