• Follow-on investment in DSP-Explorer by YFM Equity Partners

Follow-on investment in DSP-Explorer by YFM Equity Partners

Deal TypeM&A & Private Equity
IndustryTechnology & Media
Sub-IndustryTechnology

BDO advised YFM Equity Partners on its follow-on investment in DSP-Explorer with a focus on valuation, deal structure and future exit options for the business.

DSP-Explorer is a technology and database managed services company specialising in Oracle, SQL Server, Microsoft, Google and Cloud services. Since YFM backed the management buyout of the business in 2018, led by Simon Goodenough, revenues and profits have both grown by over 300% with a growing recurring revenue base and strong demand from enterprise customers.

YFM’s investment in DSP-Explorer will enable the business to continue its organic and acquisitive growth plans.

"BDO played an important role in helping us understand the M&A landscape and future exit options for the business. Building a good relationship with the management team, BDO were able to get a deep understanding of the business, its key value drivers and as a result make a number of strategic recommendations to help maximise future value."

Roshan Puri, Investment Director, YFM Equity Partners