The DSP Journey

Over five years, DSP Group evolved into one of the UK and Ireland’s leading Oracle and Microsoft partners, delivering cutting-edge database, cloud, and application services. During this transformative period, the company scaled significantly, growing revenues fivefold and solidifying its reputation as a trusted name in enterprise IT services.

Founded in 1999, DSP established itself as an expert in managing high-performance IT infrastructures. Its core offering revolves around cloud, database, and application services, with particular expertise in Oracle Cloud Infrastructure (OCI) and Microsoft SQL Server.

DSP’s dedication to innovation has enabled it to serve clients across diverse sectors, including financial services, healthcare, education, and transport. The company’s ability to offer tailored, scalable solutions has been instrumental in building long-lasting relationships with over 500 customers.

A key element of DSP’s success has been its ambitious growth strategy, which combined organic development with a series of strategic acquisitions. The addition of complementary businesses, such as Oracle Applications Partner Claremont and Explorer UK, enhanced service capabilities and broadened the customer base.

This approach allowed DSP to diversify its expertise and strengthen its position as a market leader. Revenues grew from £4.6 million to £30 million, while headcount increased to over 200 professionals across the UK and Ireland, positioning the business as a prominent player in enterprise IT services.

The IT services industry faced significant challenges during the COVID-19 pandemic, but DSP demonstrated resilience and adaptability. By refining operations, diversifying its offerings, and maintaining a customer-centric approach, the company navigated market disruptions and continued its upward trajectory.

Investments in team development, operational efficiency, and service innovation ensured DSP remained a trusted partner for its clients, even during uncertain times.

Under the guidance of CEO Simon Goodenough, DSP developed a high-performing culture that prioritised innovation, customer satisfaction, and employee development. This strong leadership, combined with a clear strategic vision, enabled the business to capitalise on opportunities and achieve remarkable growth.

In 2023, DSP began an exciting new phase of its journey with the support of LDC, a private equity investor specialising in technology businesses. This transition builds on a foundation of strong performance and positions DSP for further growth, including expansion into North America and Europe.

LDC’s partnership will provide additional resources and strategic direction to enhance DSP’s customer offerings and service capabilities while continuing to prioritise its people-first culture.

DSP Group’s transformation from a niche database provider to a leading Oracle and Microsoft partner is a testament to the power of strategic growth and visionary leadership. The business scaled its operations, expanded its market reach, and created a robust platform for future success.

As DSP embarks on its next chapter with LDC, it is well-positioned to continue driving innovation in the enterprise IT services sector, delivering exceptional value to its customers and stakeholders.