Year of sale:
”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.Ian CaswellCEO
Sapphire Systems is a global provider of enterprise software delivering organisations with cloud-based industry specific solutions.
Sapphire delivers 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 United Kingdom, United States, Latin America and Asia.
The UK ERP market is sized at £7.2bn, of which partners account for £3.8bn and growing in excess of 6% per annum underpinned by the shift to the cloud and the mission critical nature of the product to corporates.
With more than 150 partners in the UK alone, Sapphire is looking to capitalise on the fragmented nature of the market and consolidate its position as a market leader.
Horizon are working with management to scale and develop Sapphire by:
- Diversifying capabilities into functional solutions of the SAP landscape
- Completing a number of acquisitions to build scale, diversify solutions, increase technical capabilities and accelerate growth in international markets
- Accelerating the double digit revenue growth through supplementing go-to-market team and proposition
- Investment into full productisation of existing and new IP to increase margins