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

14 Jun 2013 | 08:55 am | 1 min. read

International law firm Pinsent Masons has advised Dunedin, the UK mid market buyout house, on its backing of the £43 million management buyout of York based Trustmarque Solutions (“Trustmarque”). Trustmarque is a market leading provider of technology services and solutions to private and public sector organisations across the UK. The business was acquired from LDC in a deal that saw Dunedin employ its trademark DebtBridgeTM solution, which ensures deliverability and certainty of debt funding.

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."

 

Latest press releases

Show me all press releases

Dispute Resolution Group appoints partners in Munich

Multinational law firm Pinsent Masons has appointed partners Johanna Weißbach and Christian Schmidt as litigation partners in their Dispute Resolution Group in Munich, where they will both focus on clients within the Financial Services and Advanced Manufacturing & Technology sectors.

Pinsent Masons announces 2020 partner promotions

Multinational law firm Pinsent Masons has announced 17 new partners in its 2020 promotion round as it promotes outside of traditional legal services for the first time.

Pinsent Masons Hong Kong recognised in Law Firm of the Year survey

International law firm Pinsent Masons was listed in the top tier for 3 categories in a recent survey conducted by Asian-mena Counsel’s In-House Community to identify Firms of the Year 2019 for the second consecutive year.

People who viewed this press release also viewed

Show me all press releases

Pinsent Masons advises Zurich on the sale of its UK Retail Wealth business

International law firm Pinsent Masons has advised Zurich, the global insurance provider, on the sale of its UK Retail Wealth business to Embark Group.

Pinsent Masons wins at the Legal Week British Legal Awards

Multinational professional services business Pinsent Masons has won a hat-trick of awards at the Legal Week British Legal Awards in London.

Pinsent Masons advises SR Smith on its acquisition of Sunbather

International law firm Pinsent Masons has advised S.R. Smith on the acquisition of Sunbather.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts