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Liberata, the public sector-focused business process services (BPS) provider, made a bold move to acquire troubled software reseller and services provider Trustmarque last September, with the backing of PE owner Endless LLP (see here).
Trustmarque operates as a separate entity today under the existing management, led by CEO Scott Haddow and sales & marketing director Angelo Di Ventura, who we met recently for an update on how business has progressed.
This was not the obvious match for Liberata. But it more than doubled the size of its business, bringing together two companies with combined revenue of c£240m – in software reselling, infrastructure services and BPS.
Trustmarque has made progress under its new owner Liberata. However the challenge will be capitalising on the cross-selling potential as they remain two separate companies.
Subscribers to TechMarketView’s Foundation Service and BusinessProcessViews research streams can read the analysis here: Trustmarque’s services ambitions post Liberata/Endless takeover.
Posted by: John O'Brien at 08:01
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