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MBDW Holdings acquires London Capital Group

PRIVATESep 24, 2026

Acquiring Company

MBDW Holdings

Acquired Company

London Capital Group

Greater LondonGreater LondonFinancial ServicesFinanceLending

Description

MBDW Holdings has successfully completed its management buyout of London Capital Group after three years of negotiations. The acquisition follows the bankruptcy of FlowBank, which previously owned LCG. Under the new ownership, LCG is set to operate as a lean introducing broker, focusing on integration with clients. The buyout was made possible after LCG proved it could survive independently.

Company Information

Company

MBDW Holdings

Location

Greater London, England, United Kingdom

About

MBDW Holdings is a holding company formed by Matt Basi and Dave Worsfold. It has taken full ownership of the London Capital Group (LCG) through a management buyout. The company aims to reposition LCG as a lean introducing broker in the financial market.

Fundz sees it the moment MBDW Holdings makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired London Capital Group?

London Capital Group was acquired by MBDW Holdings, based in Greater London. The deal was reported on September 24, 2026. MBDW Holdings is a holding company formed by Matt Basi and Dave Worsfold. It has taken full ownership of the London Capital Group (LCG) through a management buyout. MBDW Holdings is privately held and operates in Financial Services.

When did MBDW Holdings acquire London Capital Group?

MBDW Holdings's acquisition of London Capital Group was reported on September 24, 2026. MBDW Holdings has successfully completed its management buyout of London Capital Group after three years of negotiations. The acquisition follows the bankruptcy of FlowBank, which previously owned LCG. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does London Capital Group do?

London Capital Group is one of the UK's oldest CFD brands. Previously owned by the collapse of FlowBank, it has been restructured under new management. The firm operates as an introducing broker with a focus on client integration. It is privately held, and is based in Greater London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.