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Announced

Completed

NTT DATA completed the acquisition of Horizon Capital-backed Sapphire.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Software

software applications

United Kingdom

Friendly

Cross Border

Majority

Private

Single Bidder

growth capital

Ukraine

Venture Capital

buyouts

Private Equity

Acquisition

Completed

Synopsis

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NTT DATA, a global digital business and IT services firm, completed the acquisition of Sapphire Systems, a provider of world-class enterprise software applications and services. Financial terms were not disclosed. "We enjoyed a shared vision with Horizon, and their support has enabled us to expand the solutions we offer to our clients, grow the team, and create significant value for all stakeholders. Sapphire has become a true leader in providing digital operations software and services to its global customers, and the entire leadership team, and I are energized by the prospects of becoming part of the NTT/NTT DATA group," Vince De Luca, Sapphire CEO.

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