Working in partnership with Private Equity
Services
Damilah has been engaged by the largest EdTech company in Europe – ParentPay Group to re-engineer their market leading product used throughout the UK and in other parts of the world.
With multiple teams building different aspects of this new cloud native next generation platform and fully integrated with client people in our teams, we engage directly with end-users to innovate and ensure customer needs are met.
This is a multi-year programme of investment which will disrupt their market ensuring they remain dominant for many years to come.
All software businesses have technical debt.
This may be through using out of date or discontinued components which present security risks and prevent upgrading or software written without considering internationalisation requirements, or just buggy problematic code.
As product experts ourselves, we can assess which technical debt is a risk or a barrier to scaling the business can then produce a plan to reduce and then execute on it.
For example, utilising the power of public cloud can significantly aid scalability and reduce development time if used effectively.
Maximise return on investment by utilising one of Europe’s most cost-effective pools of technical talent.
Damilah’s engineering hub is located in North Macedonia and is one of the best, well known software companies, headquartered in the Capital Skopje, with a reputation for only hiring the best talent.
With direct flights from the UK, excellent English language skills, European culture and very strong welcoming and collaborative culture, its an excellent place to build software.
We share this benefit with our client companies by operating a cost-plus model as we seek to form long term mutually beneficial relationships.
Working with a proven known entity reduces risks significantly
Iain Bishop has over 20 years’ experience as a CTO, creating value at PE backed Software houses such as Allocate Software (Hg Capital), Servelec (Montagu), CPOMS (ECI) and ParentPay Group (Montagu), as well as conducting numerous Technical Due Diligence processes for other PE Houses.
Iain and Aleksandar formed Damilah with a core of people who worked together at Allocate Software as the business was taken private and completed successful exits for Hg Capital and then Vista, creating significant increase in value for the shareholders.
Iain and Aleksandar have a deep understanding of the needs of private equity, as well as building outstanding market leading products, which led to very successful exits.
Iain Bishop
CEO
Aleksandar Karavasilev
CTO
We create a dedicated team to suit the client’s needs and work in close transparent partnership following the best agile development practices to deliver consistently excellent outcomes.
This model has worked very successfully for Montagu backed ParentPay Group with whom we are completely aligned.
Being able to scale up a team to meet initial investment needs and then scale it down later to maximise EBITDA in the lead up to exit is more easily executed with the people remaining part of Damilah.
We have various strategies to help clients protect their IP and are happy to discuss.
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