What is Lomond?
Lomond Capital is a UK-based entity focused on the acquisition and expansion of regional asset management businesses within the Private Rental Sector. The company's business model centers on acquiring quality asset managers, integrating them through further acquisitions, and subsequently broadening their service offerings to cater to both private and institutional landlords, drawing inspiration from the US multi-family model. Lomond is guided by directors with a proven history of developing businesses in evolving markets and has access to substantial capital from its management and institutional shareholders, including MML and Investec.
How much funding has Lomond raised?
Lomond has raised a total of $48M across 1 funding round:
Debt
$48M
Debt (2017): $48M with participation from Clydesdale Bank and Tosca Debt Capital
Key Investors in Lomond
Clydesdale Bank
Clydesdale Bank, part of the Cumberland Building Society, is a UK-based financial institution providing banking and mortgage services, likely contributing debt financing for enterprise-level growth.
Tosca Debt Capital
Tosca Debt Capital is a regional debt fund specializing in providing flexible funding solutions for SMEs and mid-market companies, indicating a focus on supporting strategic growth through bespoke debt structures.
What's next for Lomond?
The substantial enterprise-level funding indicates Lomond Capital is poised for aggressive expansion and market consolidation. The company is likely to pursue further strategic acquisitions to scale its operations and enhance its service portfolio, aiming to capture a larger share of the UK's private rental market. Future investments will probably focus on operational integration, technology adoption to improve landlord and tenant services, and potentially geographic expansion beyond its current regional focus. The company's strategy suggests a move towards institutionalizing the private rental asset management sector in the UK.
See full Lomond company page
