Leading technology provider strengthens its Digital Operations Platform portfolio with leading SAP intelligent enterprise analytics, reporting and cloud provider

Horizon Capital backed Sapphire Systems, the leading digital services provider to mid-market and enterprise customers, today announced that it has acquired specialist SAP Enterprise Performance Management (EPM), Cloud Analytics and SAP HANA Platform consulting firm, Opal Wave.

Opal Wave is the UK’s leading specialist in SAP Enterprise Performance Management (EPM) and provides software, lifecycle services, managed and cloud hosting services to enterprise customers across a wide range of industries and international geographies. The acquisition enables Opal Wave to accelerate its growth and scale by being part of a larger organisation, whilst its clients can benefit from Sapphire’s extended Digital Operations Platform (DOP) portfolio. Sapphire will strengthen its EPM, Business Intelligence and Cloud Analytics capabilities by adding a team of highly skilled employees to its existing team of SAP experts.

The acquisition, supported by Horizon Capital, combines Opal Wave’s deep domain expertise in SAP EPM, Business Planning and Cloud Analytics, with Sapphire’s leading enterprise software portfolio creating a powerful digital operations capability. This deal represents Sapphire’s fourth acquisition of 2021 and continues its journey to accelerate growth both organically and via acquisition.

"Organisations across all sectors increasingly recognise the transformative capabilities of data analytics, leveraging its potential to optimise processes, reduce costs, instil agility and accelerate innovation, Sapphire’s digital operations platform strategy enables over one thousand customers to use data, analytics and AI to power their business. We are excited that the acquisition of Opal Wave now allows us to extend leading Enterprise Performance Management, BI and Cloud Analytics expertise across our clients, enhancing the depth of data value they can unlock."

Ian CaswellCEO, Sapphire Systems

“We are delighted to support Sapphire in this acquisition. The skillset that Opal Wave offers in data and analytics is highly sought after by clients and is highly complementary to the Group. We look forward to continuing to support the Group in the execution of both its organic and acquisitive strategy.”

Luke KingstonPartner, Horizon Capital

“In response to a changing market and technology landscape, SAP customers are in need of the specialist skills that allow them to improve their analytical and planning expertise, which supercharge their business operations and increases competitive advantage. We are excited at joining the Sapphire Group and the opportunities it provides to both our customers and prospects.”

Simon BellSales and Marketing Director, Opal Wave

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