“Amulet Hotkey is a world leader in high performance computing.”
London – July 2019 – TREUN Capital, set up by private equity industry veterans Paul Canning and Alex White, announces that funds advised by it have invested into Amulet Hotkey (Amulet), allowing management to buy out the majority retiring shareholder and providing additional growth capital. Amulet is a global leader in high performance computing. Its ground-breaking designs create technology products that drive exceptional performance for highly secure and mission critical data centres and physical and virtual workplace solutions.
About Amulet Hotkey
Amulet’s design and manufacturing is headquartered in Heathfield, Devon, with offices in London, Munich, New York, Singapore and Sydney. Today’s computing needs are becoming ever more complex and data-hungry, driving huge growth in the high performance compute, security and virtualisation markets. Amulet’s business is built around helping customers across all sectors cope with these performance challenges. It partners with market leading companies including Dell, Teradici, Nvidia and Intel and sells its own suite of unique and highly differentiated products to Global 2000 customers and governments. It is forecast to deliver c.£25m in revenues in its current financial year.
TREUN, as part of its value-add investment approach, introduced Stewart Holness to Amulet. Holness is an experienced industry operator, having run and grown several public and private software companies during his career. He joins Amulet as Executive Chairman and will work with the existing management team to grow the business. Holness says: “Amulet has exceptional capabilities that solve the problems faced by global institutions requiring high performance, gold plated system reliability, flexibility and security. It’s a hidden gem with a world class engineering team who have developed a suite of industry leading technology blocks and products addressing a large and fast-growing space. I am delighted to join and invest alongside TREUN Capital and look forward to helping steer Amulet to take advantage of its many global opportunities.”
Amulet Hotkey is a proven innovator in design, manufacturing and system integration of high availability solutions for remote physical or virtual workstations, as well as virtual and cloud desktop that are optimized for both mission and business-critical applications to deliver robust, secure and uncompromised performance backed up by world-class support. Amulet Hotkey partners with leading manufacturers of data centre, cloud and virtualization technologies that enable them to bring to market unique solutions tailored to enterprise IT needs for a truly flexible and scalable computing architecture. Amulet Hotkey customers include Fortune 500 and Global 2000 enterprises as well as local and federal governments. The Amulet Hotkey solutions are deployed in command and control, emergency call centres, investment banks, oil & gas, CAD designers, digital content creation, and post-production studios around the world.
Amulet Hotkey was founded in 1990 and is headquartered in the UK where design and manufacturing facilities are based with sales, support and technology centres in London and New York. For more information see www.amulethotkey.com.
“I am delighted to join Amulet Hotkey and invest alongside TREUN Capital.”
“Our style is straightforward and no nonsense.”
About TREUN Capital
TREUN invests more than cash. It was set up by private equity veterans Paul Canning and Alex White with a simple mission – help high potential businesses grow value faster and with more certainty. It aims to be a genuine investment partner, bringing senior team experience to bear on “best practice”, solving problems and avoiding pitfalls– experience gleaned from 25+ years of working with businesses on transformational journeys to create sustainable high value companies. Its experience, exceptional industry contacts and capital are best put to use for owners and managers to plug into in the “under-served” gap for equity investments in businesses valued up to £30m. For more information see www.treuncapital.com.