Alantra advised Eclipsys Solutions on its acquisition by DSP, a portfolio company of LDC



Oct 2023
Sell-side Advisory

New York – Alantra advised Eclipsys Solutions, a leading Oracle solutions provider, on its acquisition by DSP, a leading UK-based data management and Cloud platform management partner focused on Oracle solutions and a portfolio company of LDC. The transaction closed in Q4 2023 and the deal value was not disclosed.

Founded in 2009 and headquartered in Ottawa, Ontario, Eclipsys has a long history of providing Oracle solutions and services to leading organizations across Canada, both in the Public Sector and Commercial Sectors. Eclipsys has proven expertise across the Oracle suite of offerings to help customers drive material business value from their investment in Oracle solutions. This includes over 258 manufacturers’ certifications, with 212 (and counting) in the Oracle space alone. The combination of both organizations strengthens the breadth of resources and positions DSP to expand across North America to further drive Oracle Cloud technology growth.

“We received multiple offers, and in the end, we decided DSP was best aligned to our strategy.” stated Michael Richardson, Eclipsys’ Chief Executive Officer. “They have a similar culture and a customer-first mentality paired with deep Oracle expertise and most importantly a huge focus on growth. These last months getting to know DSP has only reaffirmed that we have made the right decision and we are excited for what the future holds together.”

Simon Goodenough, CEO of DSP UK commented publicly that “DSP has always had an acquisition strategy to expand into North America and the opportunity with Eclipsys presented itself as the perfect way to provide a beachhead to do so. From the moment I first met Michael and his senior team it was clear that there was a great cultural fit, both people and purpose – I am hugely excited to be bringing together two such well respected Oracle specialists. Hot on the heels of our investment from Lloyds Development Capital this merger gives us access to the on-shore resources required to expand our portfolio, as well as further fuel to help drive our Oracle ‘Ground-to-Cloud’ strategy. We will continue to look for other partners, as well as invest organically, and continue with our plans to have deep skills and coverage across North America to best serve our customers there.”

Alantra served as exclusive financial advisor to Eclipsys. This transaction continues Alantra’s leadership position and successful track record advising Oracle services providers.

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