PE-backed Blackrock PM appoints Trotter as chairman

Blackrock Programme Management, which is backed by Dunedin, has named Tim Trotter as chairman. Trotter is currently chairman of Glenfern and was the founder of Ludgate Group Limited. Based in the UK, Blackrock PM is a professional services firm that provides expert witness and construction consulting services for large, international construction projects.


25 September 2015 – Blackrock Programme Management (‘Blackrock PM’), the professional services firm that provides independent expert witness and construction consulting services for large, international construction projects, has announced a significant appointment to its board with the news that Tim Trotter has joined as Chairman.

Blackrock PM has advised on many prestigious projects around the Globe including the Shard in London, the Burj Khalifa (the world’s tallest building) in Dubai, and power stations, desalination plants and oil & gas facilities across the EAME region. The company currently has a strong pipeline of high profile contracts and is advising on construction disputes valued at over $6 billion. UK mid market private equity firm Dunedin invested in Blackrock PM in March 2015.

Tim Trotter has extensive experience of working with people related businesses. For the last eight years he has held the position of Chairman of advisory business Glenfern. Tim currently holds Non-Executive Chairman positions at blue chip companies including – Alpha FMC, Catalyst Corporate Finance, Nigel Wright Group, Smithfield Group and The SR Group.

Prior to Glenfern, Tim founded Ludgate Group Limited, an international public relations and investor relations company. Tim was CEO and Chairman of the business and he was instrumental in building its international brand, as well as introducing two leading private equity investors to the business: Cinven and Granville (which became Baird Capital). Tim implemented the sale of Ludgate to Interpublic and was subsequently appointed Deputy Chairman of Interpublic’s global public relations division, Weber Worldwide, now Weber Shandwick.

Tim also co-founded Citywire Holdings Ltd, the news service providing information to the global asset management industry and Bluefin Group Ltd, the financial services company.

Giles Derry, partner at Dunedin, who sits on the board of Blackrock PM commented: “Tim has a wealth of experience in managing and growing international people related businesses and he will be a tremendous asset at Blackrock PM. As an investor in the business we remain committed to supporting its active expansion strategy, through ongoing organic growth as well as selective acquisitions. Blackrock PM intends to expand its international focus and we look forward to working with Tim to deliver on this.

Tim Trotter commented: “I am delighted to be joining Blackrock PM at such a pivotal time in the company’s development and will work alongside management to expand its services, capacity and international reach.”

About Dunedin (
Dunedin is a UK mid-market private equity investor targeting buyouts of market leading companies in the UK with a deal size of £20m to £100m. Dunedin typically invests £20m or more in its portfolio companies.

Dunedin focuses on a number of sectors, using its depth of knowledge to understand the market drivers and to build relationships with management teams, key industry participants and influencers. The firm has enjoyed particular success in the industrial, business services and financial services sectors. Dunedin has also funded 28 acquisitions from its second and third funds, driving the growth and internationalisation of its investee businesses.

Located in Edinburgh and London, Dunedin has a new investment team comprising seventeen investment professionals with approximately 200 years of private equity experience between them.

Dunedin LLP is a limited liability partnership authorised and regulated by the Financial Conduct Authority.