Sapphire Systems Acquires Opal Wave

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 ITOM Solution

January 8, 2021

IT Services

Horizon Capital-backed Sapphire Systems has acquired ITOM Solution, a UK-based ServiceNow specialist focused on IT Operations Management, AIOps, application performance management and IoT cloud services. The acquisition is an add-on to Sapphire's platform aimed at expanding its ServiceNow and digital operations capabilities to accelerate growth and deliver broader managed and cloud offerings to enterprise customers.

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.

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.

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.

Evergreen Services Group Acquires Third Wave Business Systems

October 25, 2021

IT Services

Evergreen Services Group has acquired SAP partner Third Wave Business Systems for an undisclosed sum. The deal represents Evergreen’s first entry into the SAP ERP ecosystem and expands its capabilities in serving SMB ERP customers through Third Wave’s SAP Business One expertise.