Sapphire Systems Acquires ITOM Solution

Horizon Capital Invests in Sapphire Systems Limited

January 5, 2020

IT Services

Horizon Capital has made an investment in Sapphire Systems Limited, a UK-based provider of ERP and financial management solutions and a partner of SAP and Infor. The funding will support Sapphire's organic growth and buy-and-build strategy — accelerating expansion, enhancing support/hosting capabilities and pursuing complementary acquisitions.

Sapphire Systems Acquires Opal Wave

June 15, 2021

IT Services

Horizon Capital-backed Sapphire Systems has acquired Opal Wave, a UK specialist in SAP Enterprise Performance Management, cloud analytics and managed hosting. The deal expands Sapphire's Digital Operations Platform by adding Opal Wave's EPM, BI and SAP HANA expertise as an add-on to its SAP services portfolio.

Sapphire Systems Acquires InCloud Solutions

March 11, 2021

IT Services

Sapphire Systems, supported by private equity backer Horizon Capital, has acquired SAP Business ByDesign partner InCloud Solutions to strengthen its Business ByDesign capabilities and consolidate its position as a leading SAP partner. The deal is an add-on to Sapphire’s platform strategy and aims to accelerate InCloud’s growth by leveraging Sapphire’s scale, reach and expanded product portfolio.

NTT DATA Business Solutions AG Acquires Sapphire from Horizon Capital

November 7, 2023

IT Services

NTT DATA Business Solutions AG, a group company of NTT DATA, has acquired London-headquartered digital transformation provider Sapphire from private equity investor Horizon Capital. The sale generates a 5.0x return and a 50% IRR for Horizon Capital; under Horizon's ownership Sapphire grew revenues from £38m to over £75m and expanded headcount from 250 to over 420.

Sapphire Systems (Horizon Capital-backed) Acquires Pioneer B1

January 12, 2021

IT Services

Horizon Capital-backed Sapphire Systems has acquired Pioneer B1, an Arizona-headquartered SAP Business One partner, to extend Sapphire's North American regional coverage. The add-on purchase strengthens Sapphire's US presence and brings in skilled SAP Business One implementation and support staff to support clients' digital transformation initiatives.

Hewlett Packard Enterprise Acquires OpsRamp

March 20, 2023

Cloud & SaaS

Hewlett Packard Enterprise (HPE) has entered into a definitive agreement to acquire OpsRamp, a San Jose–based IT operations management (ITOM) company. The acquisition will integrate OpsRamp’s hybrid digital operations and AIOps capabilities with the HPE GreenLake edge-to-cloud platform to expand HPE’s hybrid cloud and IT operations management offerings; the deal is expected to close in HPE’s Q3 fiscal 2023 subject to customary approvals.