LDI, Ltd.

Overview

LDI, Ltd. describes itself as a family office with more than a century of experience funding and operating customer-focused, middle-market companies. Its stated values are integrity, innovation, customer experience and continuous improvement.¹²

History

The Lacy family’s business history began in 1912, when Howard J. Lacy, Sr. co-founded U.S. Corrugated Fiber Box Company in Indianapolis. Lacy Diversified Industries was established in 1972 as the company pursued acquisitions of value-added distribution businesses, and the business later became known as LDI, Ltd.²

LDI reports that it had acquired three operating companies by 1990. Its businesses now employ more than 3,000 people across more than 20 countries.²

Timeline

1. 1912The Lacy family’s business history began in 1912, when Howard J.
2. 1972Lacy Diversified Industries was established in 1972 as the company pursued acquisitions of value-added distribution businesses, and the business later became known as LDI, Ltd.
3. 1990LDI reports that it had acquired three operating companies by 1990.

Leadership

- J.A. Lacy, Board Chair and Chief Executive Officer - Brad Kelsheimer, Chief Financial Officer - John Martin, Chief Investment Officer⁵

Services

LDI combines acquisitions, long-term company building and selective add-on acquisitions. These add-on investments are intended to expand geographic reach, product lines and service capabilities.³

The firm provides patient capital, operational expertise and strategic guidance. LDI says its leadership and outside board focus on value-based decisions and investing through business cycles.²

Client Focus

LDI focuses on distribution, logistics, supply chain management and manufacturing businesses in fragmented industries with diversified customer and supplier bases.³

The firm traditionally seeks businesses with EBITDA between $2 million and $10+ million. It provides permanent capital and generally prefers majority ownership positions.³

LDI identifies family-owned businesses, financial owners seeking an exit or transition to permanent capital, and corporate owners divesting noncore assets among the seller profiles it serves.³

Approach

LDI’s approach centers on building companies over the long term and supporting them through operational expertise, strategic guidance and selective acquisitions. The firm describes its capital as permanent and emphasizes value-based decisions across business cycles.²³

Portfolio

Current portfolio companies listed by LDI include OIA Global, Polygon, Acme Barricades and Dealers Wholesale. Minority investments include Genesis Rail, UltiMed, Pretred and TCP Analytical.⁴

FAQs

Related resources

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  This overview explains common family office services, including capital planning, business support, and strategic advice. Readers can use it to consider how LDI, Ltd.'s stated services may fit the needs of a middle-market owner or family evaluating outside support.

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  This resource outlines questions families may ask about data handling, confidentiality, access controls, and provider oversight. Those points give a business owner considering LDI, Ltd. a practical checklist for discussing sensitive company and family information with any multifamily office.

• Similar firmsCardinal Equity Partners
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  Profiles of Cardinal Equity Partners, Fi3 Advisors, LLC, and Indie Asset Partners, LLC provide nearby reference points for further research. Reviewing these firms alongside LDI, Ltd. can help a middle-market owner compare stated services, client focus, and approaches to capital and strategic support.

Sources

Claim or correct this profile

This profile is a factual summary written in our own words from public sources. It is for information only. It is not an endorsement, rating, ranking or recommendation, and it is not investment advice. MultiFamilyOffices.com is not affiliated with the SEC or with this firm unless stated. Form ADV figures are self-reported by the firm.