Tech: Acquisition of ITOM Solutions by Horizon backed Sapphire Systems
Armstrong has provided CDD for Sapphire Systems, a leading provider of enterprise software applications and digital operating technology, as it extends its portfolio of digital platforms through the acquisition of ITOM Solution, a leading UK-based ServiceNow specialist partner.
Backed by Horizon Capital, Sapphire’s vision is to become the leader in the provision of digital operating platforms which reduce complexity, underpin transformation, and drive optimum performance. ITOM Solution is a fast-growth and innovative provider of IT Operations Management, AiOps, Application Performance Management, and IoT cloud services.
Mike Callow at Armstrong said: “ITOM Solutions is well positioned to grow in an attractive market segment. ITOM is a natural bridge into the high value IoT and Application Development spaces, helping enterprises unify the data underlying operations, finance and asset management; and incorporate intelligent workflow into their operations.”
Martin Royle at Sapphire Systems said: “Armstrong built a clear understanding of the outlook for ServiceNow’s ITOM offering and the potentially transformative synergies with our current SAP and Infor offerings, leveraging the broader ServiceNow platform to transform business operations.”
For more information on this and the other technology deals Armstrong has supported, please contact:
Mike Callow, Head of Technology
+44 7894 594 500