Literacy Capital takes majority stake in Trinitatum

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.