LDC Invests in DSP to Drive International Growth
September 26, 2023
LDC, the private equity arm of Lloyds Banking Group, has acquired DSP, a UK-based Oracle-focused database, cloud and applications managed service provider, in a deal that marks an exit for YFM Equity Partners. The investment will support DSP’s international expansion into North America and Europe and further build its product and service capabilities; DSP reports circa £30m revenue and around 200 employees across the UK and Ireland.
- Buyers
- LDC
- Targets
- DSP
- Sellers
- YFM Equity Partners
- Industry
- IT Services
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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