Trustmarque Solutions to be acquired by One Equity Partners
Trustmarque is poised to be acquired by leading private equity firm, One Equity Partners, in a partnership that will further strengthen our capabilities as an award-winning value-added UK reseller.
On Friday 28 January 2022, Capita PLC agreed to sell Trustmarque Solutions Ltd (Trustmarque) to One Equity Partners (OEP) through a definitive agreement, subject to certain consents.
OEP is a private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations.
The company has a strong background in supporting its portfolio companies to enhance service-led go-to-market strategy and to develop cloud/software asset management capabilities. Prior investments include CDI, Crayon, MCL, and Lutech.
Commenting on the new partnership, Ben Richardson, Managing Director of Trustmarque said:
“We are excited to partner with One Equity Partners to start the next step in Trustmarque’s journey. Tapping into One Equity Partners’ deep experience with IT service investments and other Microsoft and Cisco vendor-centric companies will position us to provide our vendor partners with access to a broader platform of customers and service capabilities than ever before.”
As an award-winning value-added UK reseller, Trustmarque’s and One Equity Partners’ values are closely aligned. Their philosophy is based on partnership. They aspire to build valuable relationships with management teams to transform companies into market leaders and drive long-term growth.
Andrew Dunn, Managing Director at OEP commented:
“Trustmarque is well-positioned to benefit from the growth in cloud-based software sales and the ongoing digitisation of the public sector. We are proud to partner with Managing Director, Ben Richardson and Strategy Execution Director, Vishu Passi, as well as the entire Trustmarque team. We look forward to leveraging our experience from past investments in IT services businesses to strengthen the company’s capabilities in order to offer customers a wider range of value-added services.”
About Trustmarque
Trustmarque forms the technology pillar in Capita’s Portfolio division, and provides software and hardware re-sale, IT managed services, IT professional services, unified communications, testing and quality assurance and security penetration testing. The business is a top-tier partner for the foremost technology vendors, including Microsoft and Cisco. Trustmarque delivers integrated services that support UK organizations through every step of the IT investment process, from solution development through technology provision to deployment and on-going support. The business operates across a number of core sectors – healthcare, central and local government, and corporates – and has been helping both public and private sector clients transform, integrate and simplify their technology and IT services in a compliant way for more than 30 years.
More about One Equity Partners
One Equity Partners (‘OEP’) is a private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt, and Amsterdam. For more information, please visit www.oneequity.com.
For further information for Trustmarque customers and partners
All key contacts will remain the same. For further details please talk to your Account Manager or Vendor Manager.
Written by Julia Bluckert.