We are pleased to share the news that DCSL Software has acquired GuideSmiths in a deal supported by our Corporate Finance team. We acted as lead advisers to GuideSmiths in the acquisition worth £12.3m, backed by private equity fund Queen’s Park Equity.
GuideSmiths is an outsourced software development house based in the UK and Spain, and DCSL Software is a multi-award-winning software development and digital transformation specialist firm. The merged group, which will become DCSL GuideSmiths, will now have a team of more than 250 across six locations in UK and Europe, and a combined turnover of over £20m. Its clients include international brands such as MailOnline, Pearson Education, Centrica, Bourne Leisure and the Medicines & Healthcare Products Regulatory Agency (MHRA).
The acquisition expands the business's offering to include large scale digital transformation, delivery of discrete agile projects, team augmentation and the creation of world class bespoke software.