Secondary buyout of DSP to LDC

BDO.LiveSite.Deals.DealTypeM&A & Private Equity
BDO.LiveSite.Deals.IndustryTechnology & Media
DSP is an Enterprise Database Management specialist that delivers innovative support, managed services and consulting for Oracle, SQL Server and Multi-Cloud technology. BDO M&A supported on transactions with DSP in 2018, 2021 and most recently in 2023 was engaged to advise shareholders and the business on the next stage of its journey with a new Private Equity investor.

BDO M&A advised shareholders on the secondary buyout to LDC and simultaneous cross-border acquisition of Canadian-based Oracle specialist, Eclipsys Inc. This enlarged group and new partnership allows DSP to continue on its growth trajectory in the UK and North America, whilst delivering strong returns for YFM Equity Partners who exited as part of the transaction.

“This is the third time we have worked with BDO M&A over the past five years. This longstanding relationship meant the team knew the business and sector well and were able to add immediate value as we embarked on the process. We quickly felt comfortable that we could trust them to get the best result for the shareholders and the business. I am excited about what the future holds for DSP as we start the next stage with LDC, and I am grateful for all the help and advice the BDO Tech M&A team has given on our journey.”

Simon Goodenough, CEO, DSP

“It was fantastic to work with the BDO Tech M&A team again, building on our already strong relationship. This was a complex transaction and BDO brought sector and technical expertise capable of getting it done, and a team we knew we could rely on. Having invested time in getting to know DSP over a number of years, BDO had valuable insight into the business and a great working relationship with management. This was really important to us.

“We were delighted with the advice and overall outcome, delivering a strong return for the YFM funds. We look forward to working with the BDO team again soon.”

Roshan Puri, Investment Director, YFM Equity Partners

“We are delighted to have been entrusted again to support the shareholders of DSP, this time on the secondary buyout to LDC. DSP is a world-class player made up of Oracle and Microsoft technologists supporting businesses with mission critical database architectures. With a client base ranging from start-ups and scale-ups to large enterprise, the growth potential for DSP is huge.

“It’s been a privilege to support the business’ journey to date with YFM and with renewed backing from LDC, they’ve forged another strong partnership for the future.”

Gordon Carstairs, M&A Partner, BDO