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June 20, 2013updated 04 Apr 2017 3:07pm

Dunedin Enterprise Investment Trust makes GBP3.7 million investment in Trustmarque Solutions

Dunedin Enterprise Investment Trust (Dunedin Enterprise) has, through the Dunedin Buyout Fund III, made a GBP3.7 million investment in Trustmarque Solutions.

By Verdict Staff

Dunedin Enterprise Investment Trust (Dunedin Enterprise) has, through the Dunedin Buyout Fund III, made a GBP3.7 million investment in Trustmarque Solutions.

Trustmarque has been in operation for over 25 years and assists organisations in licencing, deploying and managing technology solutions from a range of developers.

Trustmarque recorded revenues in excess of GBP130 million in 2012. The company employs 180 people at three sites across the UK. It serves over 1,200 clients including RBS and Lloyds Banking Group.

Shaun Middleton, managing partner of Dunedin, the manager of Dunedin Enterprise, said: "Trustmarque fits with Dunedin’s strategy of investing in UK headquartered companies that are market leaders in their niche. Growth opportunities are significant as private and public companies invest in the latest products to increase business efficiency."

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