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Announced

Completed

One Equity Partners-backed Trustmarque completed the acquisition of Livingstone Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Majority

software management

Single Bidder

United Kingdom

Friendly

Private

Software

Completed

Synopsis

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One Equity Partners-backed Trustmarque, a provider of IT solutions and services, completed the acquisition of Livingstone Technologies, a global provider of software and cloud asset management and optimisation services, from Carlyle, a global investment firm. Financial terms were not disclosed. “Today marks an exciting milestone, as we welcome the Livingstone team to Trustmarque. This acquisition will enable us to leverage the data-driven knowledge of Livingstone to benefit Trustmarque’s customers. Together, we are ready to collaborate to deliver superior transparency and control over our customers’ IT investments,” Ben Richardson, Trustmarque CEO.

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