Horizon Capital, established in 2006, is a private equity firm headquartered in Kyiv, Ukraine, with an additional office in Chicago, Illinois. The firm specializes in buyouts, growth capital, and expansion opportunities, focusing on later-stage investments in small and mid-cap companies. Horizon Capital primarily invests in Europe, Central and Eastern Europe, with a particular focus on Ukraine, Moldova, and Belarus. The firm seeks to invest between $5 million and $20 million in private companies, typically acquiring control stakes, and aims to liquidate investments within three to five years through trade sales or initial public offerings. Horizon Capital's investment strategy centers around industry leaders in fast-growing sectors, younger companies in consolidating sectors, and mature industries with growth potential. The firm prefers sectors such as light manufacturing, information technology, financial services, and consumer goods, among others. Backed by over 40 institutional investors, Horizon Capital manages funds with assets under management of over $1.1 billion, demonstrating a 25-year tenure in the region.
GoIT is an international EdTech company, established in 2014, specializing in IT education. Headquartered in Kyiv, Ukraine, with branches in Ukraine, Poland, Turkey, Mexico, and the USA, GoIT operates in over 30 countries online. The company offers online and offline IT courses, aiming to empower individuals to create successful careers in the tech industry. With a proven track record of guiding thousands of graduates to secure jobs, GoIT has received several industry accolades for its impact on IT education.
Miratech
Private Equity Round in 2022
Miratech is an IT services and outsourcing company that specializes in managed IT services for large and midsize multinational organizations. Established in 1989, the company is headquartered in Stockholm and Washington, DC, with research and development centers located in Poland, Slovakia, and Ukraine. Miratech serves clients across 560 locations globally, offering a diverse range of services, including digital engineering, IT consulting, customer experience consulting, software engineering, quality assurance, managed security services, and big data analytics. The company supports various sectors such as financial services, healthcare, technology, government, and telecommunications, aiding in their digital transformation efforts. Miratech has received numerous industry accolades, including recognition in the Global Services 100 and the Global Outsourcing 100, and holds certifications such as ISO 9001, CMM Level 3, and ISO 27001.
Dobrobut
Private Equity Round in 2019
Dobrobut is a network of clinics and medical institutions located in Kyiv and the surrounding region, dedicated to providing essential healthcare services to patients in Ukraine. The organization operates a variety of facilities, including children's clinics, polyclinics, and inpatient clinics, offering specialized services such as therapy, allergology, and neurology. Staffed by qualified professionals and equipped with modern medical technology, Dobrobut focuses on delivering reliable and quality care. Additionally, the company invests in the digitalization of its business processes, featuring a mobile platform that allows patients to schedule and pay for their appointments online, enhancing accessibility and convenience in healthcare services.
Ajax Systems
Series A in 2019
Ajax Systems Inc. is a manufacturer of smart security systems and sensors designed for residential use. Founded in 2011 and based in Kyiv, Ukraine, the company provides a range of products including wireless window and door opening sensors, movement sensors, leak detectors, fire detectors, and glass protectors. Ajax Systems also offers hubs that enable clients to integrate and manage multiple devices within their security systems, ensuring comprehensive protection for homes across Europe.
Yarych Confectionery
Private Equity Round in 2018
Yarych Confectionery LLC, established in 1986 and based in Lviv, Ukraine, specializes in the production of semi-sweet biscuits and crackers. The company offers a variety of products, including its branded Maria biscuits, petit beurre, and several flavors of packaged long cookies and crackers. As of October 2018, Yarych Confectionery operates as a subsidiary of Dilbeta Investments Limited and Sermola Holdings Limited, focusing on delivering quality baked goods to the retail market.
Intellias
Private Equity Round in 2018
Intellias Ltd. is a custom software engineering company established in 2002, headquartered in Lviv, Ukraine, with additional offices in Kyiv, Odesa, and Berlin. The company specializes in providing tailored services primarily for the automotive, location-based services, and financial technology sectors. Its offerings include Automotive R&D, FinTech solutions, SaaS and platform development, data science, IoT and embedded systems, UX/UI design, mobile app development, and DevOps and cloud services. Intellias serves as a technology partner for various organizations, aiding them in accelerating their digital transformation through innovative product development and leveraging emerging technologies to enhance operational efficiency and product capabilities.
Moldova Agroindbank
Private Equity Round in 2018
Moldova Agroindbank is a commercial bank based in Chişinău, Moldova, established in 1991. It offers a comprehensive range of financial services to both individuals and legal entities, including mortgage loans, consumer credit, term deposits, current accounts, and payment cards. The bank specializes in providing various banking products such as leasing, multi-optional loans, credit cards, and overdraft facilities, as well as financing for personal expenses, real estate, and working capital. Additionally, it offers capital market investment products, letters of credit, bank guarantees, and documentary collections, making it a key player in the Moldovan financial services sector.
Anex
Private Equity Round in 2016
Anex is a prominent manufacturer and designer of baby strollers and related accessories, recognized as the second largest perambulator producer globally. The company distinguishes itself through a commitment to innovation and quality, opting to create unique stroller designs instead of imitating existing models. Anex products emphasize high reliability, European craftsmanship, and exclusive aesthetics. Their range includes ergonomically designed strollers, bags, adapters, foot covers, rain covers, and car seats, all crafted with a focus on safety and practicality. By blending functionality with style, Anex aims to meet the needs of modern families while enhancing their lifestyle.
DataGroup
Acquisition in 2016
Datagroup is a leading company in the telecommunications market. Customers of the company receive exactly the services that are needed for the active, dynamic development of their business. The history of the company began in 2000, since the development of Datagroup has become a serious player in the market of telecommunication technologies. The company is the leader in the VSAT satellite communication segment in Ukraine (85%) and the CIS. According to the results of 2012, Datagroup owns 40% of the total revenue in the telecommunications market for corporate clients. In the inter-operator segment of the market, the company occupies 25% of the market in the revenue structure. The company has set up a national network throughout Ukraine with a special rate on the regions and has become one of the leaders in the geography of the provided communication services.
Jooble
Private Equity Round in 2014
Jooble is a global IT company that operates an international job search platform, serving millions of users across 67 countries. Founded in 2006, it aggregates thousands of job openings from various sources, making it one of the top ten employment resources by traffic in the Jobs and Employment segment. Jooble's mission is to streamline the employment process for both job seekers and employers, ensuring a comfortable and efficient experience. The company has evolved from a startup founded by two students into a significant player in the online recruitment market. With a remote-first culture, Jooble employs over 280 professionals who communicate in 25 different languages. Additionally, Jooble Venture Lab, launched in 2022 and based in Kyiv, Ukraine, focuses on building startups within the employment tech ecosystem and forming strategic partnerships with early-stage companies in the jobs and recruitment sectors.
Tinkoff Bank
Series D in 2012
Tinkoff Bank is an innovative online financial ecosystem that provides a comprehensive range of financial services tailored for individuals and businesses. Central to its offerings is lifestyle banking, which allows customers to manage personal spending, invest savings, earn loyalty bonuses, and access various services such as travel bookings and restaurant reservations, all through its user-friendly mobile applications and website. Operating without physical branches, Tinkoff utilizes a network of smart couriers for product delivery across Russia and offers customer support through online channels and call centers, enhancing accessibility and convenience. The bank employs advanced technologies, including artificial intelligence and machine learning, to optimize customer interactions, with AI handling a significant portion of inquiries efficiently. Most of Tinkoff's products and IT systems are developed in-house, supported by a predominantly IT-focused workforce. Recognized for its excellence in digital banking, Tinkoff has garnered multiple awards for its innovative services and was acknowledged as one of Russia's top employers.
Ciklum
Venture Round in 2012
Ciklum is a Danish IT outsourcing company that specializes in nearshore software development, primarily in Eastern Europe, notably Ukraine and Belarus. Founded in 2002, Ciklum employs over 1,700 IT specialists and serves more than 150 global clients through dedicated software development teams. The company offers a range of services including software development outsourcing, quality assurance, IoT, big data analytics, and engineering consulting, which support clients in their digital transformation efforts. Ciklum's unique business model emphasizes a collaborative approach, combining human interaction with technological expertise to foster growth and adaptability in fluctuating markets. The company provides both project-based services and short-term resources to address specific client needs efficiently. Ciklum operates development offices across Ukraine, Belarus, and Pakistan, with representative offices in several European countries. It has received multiple accolades for its innovation and quality of service, including recognition as one of the top IT employers in Ukraine. Ciklum is also an active member of various industry associations, reinforcing its commitment to the IT sector.
Fortis Life Insurance Ukraine
Acquisition in 2010
Fortis Life Insurance Ukraine provides life insurance services. Fortis Life Insurance Ukraine insurance products, which include life insurance products for children's education, weddings, and retirements.
DataGroup
Private Equity Round in 2010
Datagroup is a leading company in the telecommunications market. Customers of the company receive exactly the services that are needed for the active, dynamic development of their business. The history of the company began in 2000, since the development of Datagroup has become a serious player in the market of telecommunication technologies. The company is the leader in the VSAT satellite communication segment in Ukraine (85%) and the CIS. According to the results of 2012, Datagroup owns 40% of the total revenue in the telecommunications market for corporate clients. In the inter-operator segment of the market, the company occupies 25% of the market in the revenue structure. The company has set up a national network throughout Ukraine with a special rate on the regions and has become one of the leaders in the geography of the provided communication services.
Bostavan
Acquisition in 2010
Bostavan engages in the production and sale of wine and spirits. Bostavan is state-of-the-art outfit and runs more the 800 hectares of young vineyards. Moreover, Bostavan Wineries Group owns one of the most famous Moldovan wine brands Rosu de Purcari and Negru de Purcari.
Evrotek
Venture Round in 2008
Evrotek is a holding company that manages a food retail chain in Ukraine operating under the brand name Fresh. The company runs a network of supermarkets, mini-markets, and home-based stores, offering a diverse selection of products that includes food and non-food items, as well as its own produced goods. In addition to these products, Evrotek provides a variety of additional services to enhance the shopping experience for its customers.
FinComBank
Private Equity Round in 2007
FinComBank S.A. is a prominent financial institution in the Republic of Moldova, offering a comprehensive range of commercial and retail banking services to private and corporate clients. Established in 1993 and headquartered in Chisinau, the bank provides various deposit products such as current accounts, savings deposits, and term deposits. Its lending portfolio includes consumer loans, business loans, mortgages, car leasing, revolving credit, and bank guarantees. Additionally, FinComBank issues and services debit and credit cards, facilitates the encashment of travel cheques, and processes utility payments through multiple channels, including ATMs and online platforms. The bank also offers foreign trade services, currency exchange, money transfer services, and investment opportunities in state securities, alongside auto and property insurance products. With a network of 17 branches and 82 representative offices, FinComBank caters to a diverse clientele, ranging from private individuals to small and medium-sized enterprises and large corporations.
MTBank
Private Equity Round in 2007
MTBank provides various banking services. MTBank is a member of the Association of Belarusian Banks, the Community of Worldwide Interbank Financial Communications (SWIFT), international payment systems VISA International and MasterCard.
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