International legal business DWF has advised mid-market private equity firm LDC on its £85m value sale of pipeline inspection system business Mini-Cam to Buckinghamshire-based technology group Halma plc.

International legal business DWF has advised mid-market private equity firm LDC on its £85m value sale of pipeline inspection system business Mini-Cam to Buckinghamshire-based technology group Halma plc.

The sale takes place just two years after LDC backed the management buyout of Mini-Cam, providing additional funding to accelerate the firm’s international growth strategy.

LDC's Manchester office originally supported Mini-Cam, which designs and builds intuitive and robust modular pipeline inspection systems that are used across the water and wastewater industry, as well as by public authorities and companies in the oil and gas, petrochemical, nuclear, security, construction and engineering sectors, in July 2015. This initial deal with LDC enabled Mini-Cam to expand its operations from one site to three, including a new research and development facility in Austria.

The DWF team was led by DWF National Head of Corporate Frank Shephard and included corporate partner Alasdair Outhwaite, corporate partner Lisa Stavropoulos, associate Katy Philips, solicitor Ciara Healy and senior associate James Cashman.

Frank Shephard said: "We are pleased to have acted for LDC and the management team on the next stage of development with Mini-Cam. The deal demonstrates our continued focus on technology businesses and our increased international capability. We look forward to Nigel and his team continuing to build on the great progress they have made to date."