Announced
Completed
Synopsis
LDC, a mid-market private equity house, completed the acquisition of a majority stake in Database Service Provider Global, an enterprise data and cloud platform specialist that manages high-performance database and IT infrastructure, from YFM Equity Partners. Financial terms were not disclosed. “From early on, LDC’s technology expertise and management-led approach were clear to see. They took the time to understand our business and our ambition for the future, drawing on their experience of helping technology businesses scale. We’ve grown significantly in recent years, both organically and by bringing fantastic, complementary businesses into the DSP family, which has helped us broaden our customer offering and service capabilities. I’ve been fortunate to work with first-class leaders, both alongside me on the board and indeed throughout the whole company. We are now firmly established as the UK and Ireland’s leading Oracle services provider for Cloud, Database Technology and Applications. The LDC team has a strong track record in helping management teams of technology businesses to expand through acquisition, and this makes them the perfect partner to help us achieve our ambitions,"Simon Goodenough, DSP CEO.
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