Private equity investor LDC has exited its investment in a Rochdale manufacturer of body-worn cameras at a 3.3x multiple following a sale to Arcus Infrastructure Partners.
Wireless CCTV – known as WCCTV – first secured a £30m investment from LDC in 2021 for a minority stake in the business to accelerate the firm’s growth ambitions.
WCCTV is a full-service, specialised leasing provider of managed re-deployable video surveillance assets for temporary security and monitoring solutions in the UK and the US and has been acquired by Arcus Infrastructure Partners.
Following LDC’s backing of founder Tim Williams and CEO David Gilbertson in 2021, WCCTV has almost doubled its workforce and grown revenue three-fold to £50m over a five-year period, expanding rapidly in its domestic and US market and launching a suite of innovative new products and services.
In April 2025, the business relocated to a new purpose-built 40,000 sq. ft head office in Rochdale, LDC’s exit was led by investment director Richard Ibbett and head of the North West and partner Dale Alderson.
David Gilbertson, chief executive officer of WCCTV, said: “LDC backed our vision and ambition for the business five years ago and have been a collaborative and trusted partner ever since.
“The partnership has enabled us to invest significantly in the business and expand our presence, in particular in the US market which now represents half of our revenue.
“We’re excited that Arcus are backing the next chapter of our growth journey as we continue to develop and deploy our market-leading systems in critical situations around the world.”
Dale Alderson, head of the North West and partner at LDC, added: “Tim and David had already built an impressive business when we backed the team in 2021.
“Since then, WCCTV has gone from strength to strength and we are exceptionally proud of what the team has achieved – expanding internationally, tripling revenue, doubling headcount, and significantly broadening its range of products and services.
“Today, the business is well positioned for its next phase of growth with Arcus and we wish them every success on the next stage of their journey.”
In 2024, WCCTV was recognised for its exceptional performance in ESG, diversity and innovation as part of the BVCA Vision Awards after implementing numerous environmental practices and increasing its female workforce and the percentage of employees of different ethnicities.
In January 2025, it was also named in The Sunday Times 100 Tech, a ranking of Britain’s fastest-growing private technology companies.
LDC and WCCTV were advised by Lincoln, SPBs, OC&C and PwC.
Arcus was advised by Houlihan Lokey (M&A and financing), Ashurst (legal), Roland Berger (commercial), Endava and WSP (technical and operations) Deloitte (financial, tax, structuring), and Aon (insurance).
Terms of the transaction, which is subject to National Security and Investment Act (NSIA) approval, are undisclosed.
WCCTV was founded in 2001.
Founded in 2009, Arcus is an independent infrastructure fund manager with a focus on the European mid-market.