Oracle cloud and database technology specialist DSP-Explorer has acquired Claremont, an Oracle applications hosting partner and MSP. Financial terms of the deal were not disclosed.
This is technology M&A deal number 509 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
Founded in 2004 with offices in Guildford and Newcastle in the United Kingdom, Claremont is an Oracle Managed Services Provider (MSP). The seller offers a proprietary infrastructure cloud called Claremont Cloud, and supports Oracle E-Business migration and upgrade projects.
DSP-Explorer, founded in 1999, is an Oracle and Microsoft SQL Server technology provider. The company specializes in enterprise database infrastructure and managed services. The buyer has 100 employees and offices in London, Leeds, Nottingham and Basingstoke. The business currently serves around 250 clients. Claremont brings an additional 250 customers to that DSP-Explorer base.
The acquisition builds on DSP’s “Oracle Anywhere” strategy enabling it to deliver a full Oracle services portfolio across Europe, the companies said. Claremont's CEO Mark Vivian will join the board of the DSP Group after the acquisition closes, according to DSP-Explorer.
DSP Explorer Acquires Claremont: Executive Insight
Simon Goodenough, CEO of DSP Group explained,
“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."
Mark Vivian, CEO of Claremont, added:
“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.”
DSP-Explorer M&A Activity
DSP-Explorer has made other acquisitions, including the November 2021 acquisition of JoraPh, a Shropshire, UK-based managed services provider (MSP) and Oracle Gold partner.
