LDC backs Stonbury in new investment round alongside Federated Hermes co-investment
FHI•
FHI•Stonbury secured a new private financing round from LDC, with Federated Hermes as a minority co-investor, to fund expansion. Since LDC’s initial investment in December 2022, revenue rose 74% to £78 million and headcount increased 58% to 443.
Stonbury, a Bedfordshire-based water and environmental sustainability specialist, secured a new private financing round from LDC alongside minority co-investor Federated Hermes. The capital is earmarked for organic growth, services and staff investment, and a buy-and-build strategy to broaden the company’s capabilities.
Since LDC’s initial investment in December 2022, Stonbury’s revenue rose 74% to £78 million and its headcount increased 58% to 443. In 2024, it acquired water asset inspection and cleaning specialist Panton McLeod, adding 50 specialists.