DSP-Explorer completes fifth acquisition
Oracle Cloud and Database technology specialist DSP-Explorer has completed its 5th acquisition, the purchase of UK-based Oracle Applications Partner Claremont.
With offices in London, Nottingham and Leeds, DSP-Explorer is an enterprise database infrastructure and managed services specialist that has established a reputation as a trusted partner for companies that want to invest in Oracle, Microsoft, and indeed multi-cloud technologies.
Following funding and investment from YFM Equity Partners in 2018 and 2021, DSP has grown revenues from an initial £5m to an expected group out-turn of £30m in 2022.
Simon Goodenough, CEO of DSP Group, said: “DSP and Claremont already have several clients-in-common, so when the opportunity arose for us to work together as a combined business I was hugely excited.
“We share similar cultural values, especially those of responsiveness and customer success, and both want our businesses to be great places to work for our employees. Where DSP has traditionally been known for its strength in core database and cloud infrastructure, they have been successful in building a first-class Oracle application management business.
“In an industry where both skills and experience are in high demand, this merger allows us to offer a wider variety of complementary services to our customers, whether they are on a journey to the cloud or in the cloud, and whether that have on-premise application workloads, or hybrid models.”
Founded in 2004 and with offices in Guildford and Newcastle, Claremont is an Oracle Managed Services Provider. They are best known in the marketplace for the provision of Oracle E-Business managed services, their infrastructure cloud offering Claremont CloudTM, and the delivery of business-critical Oracle E-Business migration and upgrade projects.
Mark Vivian, CEO of Claremont, who joins the board of the DSP Group, said: “As a provider of complementary services in the Oracle marketplace, DSP-Explorer is a known quantity to Claremont, and a well-respected Oracle partner.
“I am very excited about the fusion of the Claremont and DSP businesses, combining our applications and technology strengths together with a comprehensive multi-cloud services portfolio.
“The breadth of our combined service offering, along with our shared delivery excellence ethos, will enable us to deliver an even more compelling proposition to customers. I’m looking forward to working with Simon and the team.
“I think that this corporate union presents a really invigorating opportunity for the Claremont team as we join forces with our new DSP colleagues to help to shape and grow the combined business going forwards.”
Simon Goodenough added: “Whilst this acquisition hugely broadens our Oracle portfolio, and takes our client base to well over 500, it also gives us greater opportunities to increase our share of the other fast-growing markets that we address through our Any Database | Any Cloud proposition, both here in the UK and globally.
“I already know a number of the Claremont team and it’s going to be a real privilege to start working with them, and indeed learning from them, as we look to grow our mutual business.”