Independent UK-based Oracle partner, DSP-Explorer, a database and cloud managed services provider, has received an additional GBP8 million of investment from YFM Equity Partners (YFM).
The investment, made by the YFM-managed YFM Equity Partners Buyout II LP fund, will enable the business to continue its organic and acquisitive growth plans.
With offices in London, Nottingham, Basingstoke and Leeds, DSP-Explorer was founded in 1999 and has grown turnover to GBP23 million, employing nearly 100 people nationally. With an established reputation as a trusted technology partner and Oracle expert, DSP-Explorer now boasts multi-cloud cloud capabilities as a Microsoft Gold Partner and Google Cloud Partner.
YFM’s investment in DSP-Explorer will give the business further firepower to acquire complementary businesses, having successfully acquired Explorer UK in July 2020, a leading Oracle database consultancy and development partner.