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Browne Jacobson advises DSP Explorer on 8m added investment by YFM Equity Partners

4 January 2022

Browne Jacobson has advised DSP–Explorer on a £8 million follow-on investment by YFM Equity Partners.

Long standing client DSP-Explorer was advised by Browne Jacobson’s award winning corporate finance team, led by partner Paul McCannah, alongside and associate Sian Rose and senior associate Sandra Wong

Established in 1999 DSP is one of the UK’s leading providers of database and cloud managed services. Alongside being an accredited Oracle expert, the company offers a range of multi-cloud capabilities as a Microsoft Gold Partner and Google Cloud Partner for its mid-market and FTSE 100 clients operating in the domestic and global financial services, retail, manufacturing, energy & utilities, rail and logistics sectors.

Simon Goodenough, CEO of DSP-Explorer, said: “We have seen consistently strong growth since YFM’s initial investment, with their funding enabling us to take advantage of market opportunities as well as us benefitting from the team’s strategic insight. Together, we have developed an ambitious plan to scale the business, both in the UK and abroad, through both organic and acquisitive growth, as the sector continues to expand post-pandemic.

“This latest support is a further demonstration of YFM’s belief in our business and our potential – we are looking forward to embarking on the next phase of our growth plan, delivering on our Oracle Anywhere and Any Database, Any Cloud initiatives, with a supportive partner at our side.

“Paul and his team at Browne Jacobson have provided tremendous support over the years and its been great to have them by our side on this key strategic investment in the business. Their diligence, expertise and commercially focused advice is second to none which is why they are our go-to advisers.”

Paul McCannah, corporate finance partner, added:

“We were delighted to have acted on this latest investment injection in the business which will enable Simon and his team to continue to develop their market leading offering and further grow its domestic and international footprint. It’s always a pleasure working with the team and supporting DSP-Explorer go from strength to strength”

Browne Jacobson’s national corporate finance practice is ranked by Experian as one of the country’s leading corporate finance teams, with over 30 corporate and banking & finance expert lawyers delivering complex layered corporate and banking transactions. The team advises domestic and international companies from fast growing start-ups to blue chip corporations on all stages of the business life cycle from capital and finance raising, through to mergers and acquisitions, and ultimately to succession or exit planning with particular expertise in the private equity market.

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