LONDON 23 October 2025 – Trustmarque Group, a leading technology services partner and Ultima Business Solutions, a premier managed services provider have agreed on their intention to merge. Upon completion, the combined business will form a leading IT channel powerhouse in the UK. The merger is expected to complete within the next few weeks.
The technology services market is undergoing rapid transformation, driven by a growing demand for advanced technical expertise to navigate increasing complexities. This merger will meet these changing needs head-on, expanding capabilities, combining strengths in services and forming a stronger organisation with broader expertise.
The transaction will mark a transformative milestone, bringing together a combined Gross Invoiced Income (GII) expected to reach one billion pounds. With a proposed unified workforce of over 1,000 employees, the combined business will be poised to unlock greater innovation, agility, and market impact. This planned strategic alignment not only strengthens operational capabilities but also sets the stage for bold growth, deeper customer engagement, and a shared vision to lead the industry with purpose and performance.
Together, the combined businesses will provide a comprehensive portfolio of expert driven, end-to-end IT solutions and managed services with pioneering IP at the core. This combination will create a market-leading force in the IT services sector, helping our clients across the UK adapt, innovate and achieve exceptional outcomes.
Both businesses bring nearly four decades of UK and global IT channel experience, supporting organisations from FTSE 100 companies to some of the most secure areas of the UK Government.
The proposed merger will see the joint customer base exceed 3,000, transacting across 7 locations in the UK and globally. It will count Microsoft, Cisco, IBM, Hitachi Vantara, HP, Palo Alto and Citrix in their top strategic vendors.
Simon Williams, CEO Trustmarque, said:
“Together, we are a powerhouse for managed services and digital innovation across the UK and globally. This merger brings together complementary strengths to create greater value for our people and our clients. Building on Trustmarque’s strong Microsoft and Cisco heritage, we are combining the breadth of services and scale needed to deliver, with the depth of expertise and experience that comes from our united teams.
This gives us more opportunities to anticipate our clients’ needs, stay ahead of changes in their industries and unlock new opportunities together.”
Jamie Beaumont, CFO Ultima, said:
“This is a major milestone in our growth strategy. From the outset, it has been clear that there is exceptional complementarity between Trustmarque and Ultima, with the potential to combine scale with specialist expertise. Together, we offer a comprehensive, integrated range of services and support, delivered by exceptional talent that our customers rightly value. Our immediate priority is to complete the transaction and ensure a smooth transition in the coming months for all our customers and partners, while unlocking the full potential of the group.”
Simon Williams will become the group’s Chief Executive Officer, with Jamie Beaumont as Chief Financial Officer, supported by an integrated leadership team.
Trustmarque and Ultima will continue to operate as separate businesses until completion.
The proposed merger will continue to be supported by the private equity firms One Equity Partners (www.oneequity.com) and Apse Capital (www.apsecapital.com), underscoring their ongoing commitment to the strategic growth and long-term success of the combined organisation.
For more information, please visit www.trustmarque.com or www.ultima.com.
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Notes to Editors:
About the Trustmarque Group
Trustmarque delivers integrated services that support UK organisations through every step of the IT investment process, from solution development through technology provision to deployment and on-going support. The business operates across many core sectors – healthcare, central and local government, and corporates – and has been helping customers transform, integrate and simplify their technology and IT services in a compliant way for more than 35 years. In 2022, Trustmarque was acquired by US-based private equity firm, One Equity Partners. Following this, Trustmarque acquired Gartner Magic Quadrant certified Livingstone in 2023.
About Ultima Business Solutions
Ultima works with organisations across private and public sectors to deliver resilience, revenue growth and reputational health. Their 30-year technology experience, multi-skilled teams of experts, AI powered solutions and 24/7 managed services provide customers with the confidence and security. Ultima has an in-house software automation unit, Ultima Labs, helping businesses adopt AI-enabled smart software for IT operations optimisation. Founded in 1990 and headquartered in Reading, Berkshire, the company has continued to innovate since inception, staying at the forefront of technology. In 2019, Apse Capital acquired a majority stake in Ultima. In April 2021 Ultima completed its first acquisition, Just After Midnight (“JAM”), a UK-based cloud services provider to digital businesses.
Key information about Trustmarque Group and Ultima Business Solutions