Sedex, a market-leading sustainability data and technology provider, has received a minority investment from LDC, a private equity investor and part of Lloyds Banking Group. The investment will support Sedex’s organic growth strategy to drive sustainability in supply chains globally.
Businesses globally face a rapidly evolving landscape of sustainability-related demands, from new regulation to comprehensive reporting balanced alongside operational pressures. Sedex’s technology platform, tools and consultancy services enable organisations to assess, manage and report on ESG risks and impacts across their supply chains, as part of meeting these demands.
Founded in 2004 and headquartered in London, Sedex now employs over 200 people across offices in the UK, Australia, Chile, China, India and the US. Its 75,000-strong membership network spans 170 countries and includes leading companies such as Reckitt, Sainsbury’s, KFC, Nestlé, Molson Coors, Japan Airlines, John Lewis Partnership and Unilever.
With LDC’s input, Sedex will further invest in developing its platform, tools and professional services, leveraging the power of data and technology for its members’ benefit and fuelling its international expansion plans. Sedex is also establishing a Special Purpose Trust to maintain the company’s founding purpose and stated mission, to make global supply chains more socially and environmentally sustainable.
Steven Esom will continue as Sedex’s Chair, with current Non-Executive Director Stephen Bolton remaining on the Board and software expert David Murray also joining it.
Sedex was advised on the transaction by PwC (Corporate Finance) with the PwC lead team consisting of Dan Gallagher, Shahbaz Qasim, Richard Day, Matt Brindley, Sophia Rashid and Freddie Maher.
Sedex was also advised by PwC (Management Advisory) with the team being led by Duncan Skailes supported by Nick Posen.
“The PwC Lead Advisory team understood the purpose and ambition of Sedex very quickly and worked tirelessly to deliver an amazing outcome for Sedex. Their hands-on approach along with deep knowledge of the sector and the investor community was vital in helping Sedex find the right partner. PwC navigated Sedex expertly through the complexities of the transaction and it was a pleasure to work with the team on this transaction.”
“It has been a pleasure to act as lead advisor to Sedex on the minority investment by LDC. Sedex's commitment to driving the ESG agenda and their vision to be a leader in making global supply chains more socially and environmentally sustainable puts them at the forefront for investing in the future. As Lead Advisor to Sedex we've had the privilege of witnessing their dedication to this cause firsthand. I am proud to have been part of this journey and look forward to their continued success.”
“We are delighted to have acted for Sedex on this important transaction which is key to unlocking both the next stage of their growth and achieving further progress against their increasingly critical mission to support businesses to rapidly evolve the sustainability of their supply chains.”
At PwC, our ambition is to build trust in the climate transition and help our clients create sustainable value to meet Environmental, Social and Governance (ESG) goals.
We’ll do this by helping organisations transform sustainably; build the credibility of their reporting; invest for the future; and support their people through a fair transition. We’re also making sure our own business is ready to meet the challenge, too.
We help our clients turn their ambition into action.