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Results International advises Sapphire Systems on its investment from Horizon Capital

By Julie Langley, Mark Williams 06 Jan 2020

We are delighted to announce that Results International was the exclusive corporate finance advisor to the shareholders of Sapphire Systems, one of the UK’s largest independent technology services businesses, on its significant investment from Horizon Capital.

Sapphire Systems - Horizon Capital

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.

“Since founding Sapphire, we have built a strong and scalable business that we believe can be further enhanced through continued organic initiatives and high quality acquisitions,” comments Ian Caswell, CEO, Sapphire Systems. “Horizon’s proven track record in successfully backing technology companies makes them a natural choice as an investment partner for us. I am very excited that with Horizon’s backing and the team’s substantial experience we are well positioned to realise huge growth potential in the coming years.”

Read the full press release here.

RESULTS INTERNATIONAL’S LEADING POSITION IN TECHNOLOGY SERVICES M&A ADVISORY:

This transaction further highlights our position as the leading advisor to Europe’s most successful and disruptive technology services businesses. In addition to this transaction, Results International has recently advised Symphony Ventures on its sale to Sykes Enterprises, OCSL’s acquisition by CANCOM and RedPixie’s acquisition by Hewlett Packard Enterprise.

IAN CASWELL, CEO, SAPPHIRE SYSTEMS

“We found Results to be a highly personable team of expert advisors who supported us continuously to identify and select an investment partner with a proven track record in our industry sector. They handled negotiations superbly well to help us secure the best commercial valuation for our business and agree the right terms. Results delivered a high quality service with the utmost levels of professionalism and their tenacious approach, combined with a genuine passion for delivering, was evident throughout the entire process.”

RALPH BOLTON, CIO, SAPPHIRE SYSTEMS

“We chose well – the Results team were excellent throughout the whole process. They worked tirelessly to deliver a successful outcome for each of the founders and shareholders and we are delighted to be aligned with Horizon Capital, who will provide the drive and platform for the next phase of Sapphire’s growth. Results are professional, surefooted, always available and very connected – qualities we looked for at the beginning of this process. Their experience of our marketplace drove the cadence of the process and they enabled us to get an excellent deal over the finish line to the agreed timetable”.

 

More deals in technology 

 

Julie Langley

Partner

Contact Julie

Mark Williams

Managing Director

Contact Mark

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