Praesto Consulting Holdings secures £63.2m in new funding

A new funding round has seen Darlington-based Praesto Consulting Holdings Ltd raise an estimated £63.2m. The firm addresses complex organizational technology needs through services that encompass software and hardware consultancy alongside strategic reviews and planning for information systems.

The company was incorporated in June and has recently updated its register of persons with significant control. Documentation filed in July indicates that Mrs Kerrie Ranson and the corporate entity Ldc Xv Lp now hold substantial stakes, with both parties possessing between 25 and 50 percent of voting rights.

Several director appointments were confirmed (July), including Emma Borrie and Aaron Anthony Lawson-Clark. LinkedIn suggests both may be associated with LDC, serving as an investment manager and investor respectively. Timothy Mervyn Wallis also joined the board during this period, with external data suggesting he may serve as a chairman and investor.

The leadership team further expanded with the addition of Louise Whitburn, who possibly holds a senior leadership role in the education sector. Jeremy Michael Ranson was appointed as a director in June.