Managed services provider DSP's data infrastructure capabilities have received a boost following its merger with fellow Oracle Platinum partner Explorer UK, creating a £20m group.
DSP was founded in 1999 and registers almost £10m revenues. The firm has circa 40 staff and offices in London, Nottingham and Basingstoke.
Based in Leeds, Explorer also generates £10 turnover, has 50 staff and over 25 years experience of providing database and infrastructure solutions, with particular expertise in Oracle systems and cloud.
Both organisations will continue to operate under their own brand names from DSP’s three offices, and Explorer’s Leeds head office. Explorer founder Ian Thomason joins the board of the DSP Group.
In August 2018 YFM Equity Partners (YFM) backed DSP's £10m MBO led by CEO, Simon Goodenough.
“This is a case of one and one makes three," stated Goodenough. "As a combined group we will look to realise our joint objective of being the UK’s No.1 provider of enterprise grade database and data platform services, whether on-premise or cloud, Oracle or Microsoft.”
Since the 2018 management buyout DSP has doubled turnover and profitability and grown its contract base by 300%.
Pictured: Ian Thomason (left) with Simon Goodenough