Horizon Capital Acquires Modern Networks in £40M Platform Investment

Modern Networks Acquires Bridge Fibre and Response IT

August 9, 2021

IT Services

Horizon Capital-backed Modern Networks has acquired Bridge Fibre (a Cambridgeshire fibre internet and telecoms provider) and Response IT (a London/Surrey managed services provider). The add-ons expand Modern Networks' ISP and MSP capabilities for the UK commercial property market and lift the combined business to over £20M in turnover and more than 150 employees across Hitchin, Manchester, Cambridge and Guildford.

Horizon Capital Provides >£40M Growth Investment in Ridge and Partners

April 27, 2023

Engineering Services

London-based private equity firm Horizon Capital has invested more than £40 million in Ridge and Partners, the UK built-environment consultancy, providing the firm with its first institutional capital to support growth. The funding will be used to expand talent, broaden capabilities across architecture, engineering, planning and sustainability, and to pursue strategic add-on acquisitions as part of Ridge's ‘Quality, Innovation and Growth’ strategy.

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.

Horizon Capital Invests in The Marketing Practice

April 7, 2021

Marketing & Advertising

London-based private equity firm Horizon Capital has made a significant investment in B2B marketing agency The Marketing Practice to support its account-based marketing, demand generation and data capabilities. The funding will be used to deepen the agency's technology and data expertise and support further global expansion across its offices in the UK, US, Germany and Australia.

Horizon Capital Announces Growth Investment in BP3 Global

November 29, 2021

IT Services

Horizon Capital has made a significant growth investment in BP3 Global to accelerate the company's organic growth and to fund a buy-and-build strategy. The capital package (with debt financing provided by DunPort Capital Management) will support BP3's plans for multiple acquisitions and expansion of its intelligent automation services across new markets. Founders Lance Gibbs and Scott Francis will remain in leadership roles while Horizon takes board seats.

New Mountain Capital Acquires Horizon Group Holdings from Sun Capital Affiliate

November 13, 2019

HVAC & Mechanical

New Mountain Capital has acquired Horizon Group Holdings, LLC (Horizon Services) from an affiliate of Sun Capital Partners. Horizon, a Newark, Delaware-based residential provider of heating, air conditioning, plumbing, and electrical services with a ~1,400-employee team, will remain managed by founder Dave Geiger and management, and will use New Mountain's capital and resources to accelerate organic and acquisition-led growth.