.
MergerLinks Header Logo

New Deal


Announced

One Equity Partners to acquire Trustmarque from Capita for £118m.

Financials

Edit Data
Transaction Value£118m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

cloud solutions

Majority

Cross Border

Friendly

Single Bidder

Acquisition

Private

United Kingdom

Pending

IT Services: Other

it services

Private Equity

Synopsis

Edit

One Equity Partners, a private equity firm, agreed to acquire Trustmarque, a provider of IT services and solutions, from Capita, a provider of an integrated range of services, for £118m. "Trustmarque is well-positioned to benefit from the growth in cloud-based software sales and the ongoing digitization of the public sector. We are proud to partner with Ben Richardson as CEO and the entire Trustmarque team, and 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," Andrew Dunn, OEP Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US