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Announced

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

Synopsis

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.

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