Deals: Phoenix Equity Partners Takes a Stake in Dufrain

Dufrain, the market-leading data management and analytics consultancy, has secured investment from Phoenix Equity Partners (“Phoenix”), the private equity investor in medium-sized UK companies, to fuel the next stage of its growth in Scotland’s competitive technology sector.

Founded in 2010, Dufrain helps its clients discover, manage, and optimise their data to gain valuable insights and make better informed business decisions. It’s strategic approach and reputation for excellence has seen it become a trusted partner to clients of all sizes and across sectors, with a particular focus on banking and financial services, delivering year-on-year revenue growth of 40% over the past two years. Phoenix’s investment will allow the business to double its current staffing numbers at its Edinburgh office to almost 100 people, creating a range of opportunities for the city’s diverse pool of talented technology and data experts.

As part of its commitment to Scottish business, Dufrain has also joined the Scottish Financial Enterprise (SFE), the representative body for Scotland’s financial services industry, enabling it to help a wide range of firms with their data governance. This membership will also see Dufrain run events and webinars as well as contribute to the SFE Young Professionals (YP) Network, a scheme which supports people in the early stages of their career in Scotland’s financial services industry, by running a series of sessions on net zero strategy, mental health and sustainability practices.

The first of these events will be in November, giving attendees insights into their data, and how tidying and storing it properly will bring increased profit and better business opportunities.

About alastair walker 10120 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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