Dunedin backs £43 million management buyout of Yorkshire-based Trustmarque Solutions

Trustmarque has been in operation for over 25 years and manages customers’ computer software and licensing from a wide range of developers including Microsoft, VMware, and McAfee. The business recorded revenues of over £130 million for the year ended 31 August 2012.  Dunedin’s investment will enable Trustmarque to expand its service offering and correspondingly, its customer base.

It employs 180 people at three sites in York (HQ), Bracknell and Edinburgh.  It currently serves over 1,200 clients including the NHS, RBS, Yorkshire Building Society, BAE, Sainsbury’s and local authorities across the UK.

The Pinsent Masons team was led by Peter Wood (Corporate Partner) and Catherine Hemsworth (Corporate Legal Director) with support from Philip Scott (Banking Partner) and Louise Blair (Corporate Solicitor).

Catherine commented: "We were delighted once again to work with Dunedin on this significant investment which will enable Trustmarque to take its business to the next level.

Mark Ligertwood, partner at Dunedin commented: “We are pleased to be investing in Trustmarque, a highly successful market-leader with a clearly positioned brand and an exceptional reputation within both the commercial and public sectors."

“Trustmarque has earned extensive market recognition for its performance to date and this is very much to the credit of its first class management team.  We share their vision for the continued transformation of the business and look forward to working with them.”

Scott Haddow, CEO of Trustmarque commented: “Dunedin’s investment is a key milestone in the evolution of the business.  Trustmarque has developed significantly over the last four years. Our ambition now is to cement our position as an independent end-to-end software services provider and the trusted adviser of choice for blue chip organisations."