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Horizon Capital invests in UK-based enterprise software services provider

Private equity firm Horizon Capital LLP invested in Sapphire Systems PLC.

Financial details were not disclosed.

Horizon partner Luke Kingston and director Tom Maizels will join Sapphire's board of directors, effective immediately.

Results International advised Sapphire on corporate finance, while Taylor Vinters and Parisi Tax gave legal and tax advice, respectively. Company growth advice was provided by Acresis.

London-based Sapphire provides enterprise software applications and services.