We’re pleased to announce our investment in Sapphire Systems Limited, one of Britain’s biggest providers of enterprise software applications, services and support.
Sapphire has developed a reputation as a leading global provider of enterprise resource planning (ERP) and financial management solutions (FMS) and is a leading partner of major software authors SAP and Infor. Serving more than 1000 clients and employing over 250 people across global offices in the UK, USA, India, Mexico, Philippines and Argentina, the business offers round the clock support and hosting alongside software and implementation.
The business has demonstrated exceptional levels of growth having grown every year since inception and this investment will enable Sapphire to accelerate its growth trajectory. Sapphire is our 5th platform deal since 2018 and follows a busy 2019 which saw us investing in Strat 7, Juniper Education and Ascent Software.
Luke Kingston, Partner at Horizon Capital said: “Having closely followed the ERP sector for several years, we are delighted to be backing Sapphire having identified it as an outstanding business with huge potential for growth. We are excited by the prospect of working closely with Ian and the team to develop and grow the business organically and through complementary acquisitions in what is a highly fragmented sector.”
Ian Caswell, CEO of Sapphire Systems said: “Since founding the company, we have built a strong and scalable business that we believe can be further enhanced through continued organic initiatives and high quality acquisitions, as such Horizon are a natural choice of partner. I am very confident that with Horizon’s backing and their substantial experience we are well positioned to grow the company even further.”
