Literacy Capital takes majority stake in Trinitatum
Context
The investment fund Literacy Capital plc signs a majority investment in Trinitatum to support the software provider's international expansion. Announced on 11 March 2025, this transaction introduces institutional capital into Trinitatum, with the investment structured alongside founders Jed Dalton and Steve Baker, who will remain with Trinitatum. As part of the corporate governance restructuring, Jeff Hewitt, the former Executive Director of Civica’s Local Government division, is appointed as the non-executive Chair of Trinitatum at completion. Additionally, the transaction facilitates the immediate integration of a new Chief Executive Officer and a Finance Director into the executive team, with a Chief Marketing Officer scheduled to join in the subsequent weeks. The strategic rationale for Literacy Capital plc focuses on accelerating Trinitatum's ability to respond to inbound commercial approaches from new international customers. Furthermore, the newly expanded management team intends to explore new commercial applications for the core product outside of its historical markets.
Trinitatum, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of [members only].
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Target
Specialist in test automation solutions, Trinitatum develops proprietary software dedicated to the energy and financial trading markets. Founded in 2013, Trinitatum spent ten years refining its core technological asset, Triangle. This proprietary software integrates directly with customers' trading platforms to optimize test automation processes. Trinitatum caters to a client base composed of blue-chip companies within the energy and financial sectors.
Ent. Value
[members only]
Equity Value
[members only]
Multiples
EV / Revenue
[members only]
EV / EBITDA
[members only]
EV / EBIT
[members only]
Historical Financials (GBP)
Other operations with Literacy Capital
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 04/2025 | LITERACY CAPITAL / RED SKY FOOD GROUP | LANGFORD'S | UNITED KINGDOM | Meat & Cured Meat |
| 11/2024 | LITERACY CAPITAL | AMPLIFY5 | UNITED KINGDOM | Call Centers |
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REFERENCES
Revenue range: REV 1m GBP - 100m GBP
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Trinitatum by Literacy Capital are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: trinitatum
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