- Sector: Cloud Managed Services
- Deal Type: Strategic Deals
- Engagement type: Sellside
- Size: $200-500m
Arma Partners is pleased to announce that it has acted as financial advisor to Sapphire, a portfolio company of Horizon Capital, on its sale to NTT DATA Business Solutions AG, a group company of NTT DATA.
Sapphire is a leading provider of digital operations services to customers in the UK and US, through their strong partnerships with SAP, ServiceNow, Infor SunSystems, HxGN and AWS.
The acquisition will allow the combined business to focus on driving digital transformation through cloud adoption, creating the only SAP partner able to comprehensively serve enterprise and mid-market customers’ needs. The acquisition also expedites NTT DATA’s move into SAP S/4HANA public cloud.
This transaction further demonstrates Arma Partners’ strength in advising the world’s leading digital transformation companies and continues our strong track record of transactions with global strategic buyers.