The new funding will allow LFH to consolidate relationships with existing clients and to seek out new business.

Led by joint managing directors Graham Hawkins and Mano Manoharan, LFH has over 50 employees based in London, Brussels and Melbourne, and an annual turnover of around €6 million (£3.9 million).

As part of The Capital Fund’s investment process, David Cardwell was appointed to LFH’s Board as a non-executive director. Cardwell has experience in the media and marketing sectors and currently sits on the board of a number of innovative companies as a non-executive director or chairman.

Ian Cameron, investment director at The Capital Fund, observes that LFH is a ‘company with a solid base and great growth potential’.