Partnership with NVM Private Equity
We are delighted to announce our new partnership with NVM Private Equity (NVM) to underpin the continued success and growth of Trust Systems. In partnership with NVM the board have agreed terms which will see the company structure develop over the next few years.
David Rolfe led the investment for NVM, with support from James Arrowsmith. Both David and James will join the Board. Ben Marnham has now been appointed as Chair and brings a wealth of experience in the sector having previously led and co-invested in the £50 million MBO of managed service provider Timico in 2017, where he also served as CEO for two years.
Mike Dowson, Commercial Director of Trust Systems said “The Board of Trust Systems are delighted to see the completion of the agreement with NVM. Having significantly grown the team and business in the past few years and navigated the incredible challenges brought upon by the pandemic, Trust Systems is now in a fantastic partnership to further increase its market share. Trust Systems is fortunate to have a portfolio of loyal clients, many of whom will benefit from this investment as we continue to increase the teams of talented professionals who support them on a daily basis.”
Tom Stone, Technical Director of Trust Systems said “Working with David Rolfe and James Arrowsmith of NVM throughout the deal process has been a great experience and one we are seeking to continue in the time ahead. Furthermore, the immediate addition of Ben Marnham to the Board as Chair is a fantastic appointment and one which we trust will further underpin our current and future growth strategy.”
David Rolfe, Investment Partner at NVM said “NVM backs great regional businesses led by ambitious management teams and the team at Trust Systems exemplifies the type of people we look to invest in. Mike and Tom have built a strong and rapidly growing business with great potential – we look forward to supporting them as they build even greater market share.”
Ben Marnham, Chair of Trust Systems said “I am delighted to be joining Tom, Mike and NVM at this exciting moment for the Trust Systems team. A strong growth profile and impressive technical expertise has created a solid foundation, and I am looking forward to working together to deliver accelerated growth.”