PROJECT 38: How DMI sees private equity fueling its next phase of growth
Digital Management Inc. believes it has done just fine on its own for the last 19 years. Founder and CEO Sunny Bajaj set a course that included being an early entrant to digital modernization and a mobile-first approach to solutions.
The company found success in both the commercial and public sector markets, which right now represent a 60-40 split of the business mix. They’ve also completed nine acquisitions over the last decade.
But Bajaj sees the federal market's appetite growing for the digital transformation that DMI can deliver. To strike while the iron is hot, he turned to the private equity group OceanSound Partners for an infusion of resources to fuel organic growth and support more acquisitions.
In this episode of Project 38, Bajaj explains to Editor Nick Wakeman why he picked a private equity partner over a strategic buyer and why that puts the company toward bigger and better things.