News

Biopharma has launched a state-of-the-art $75 million plasma fractionation plant in Ukraine
September 20, 2019
Biopharma, a top-ten pharmaceutical producer in Ukraine specializing in plasma-based, recombinant and other drugs, has officially opened its innovative fractionator in Bila Tserkva (Kyiv region), the only biopharmaceutical plant of its kind in Eastern Europe and the near region. There are no plasma fractionation plants in any neighboring countries – the closest are in Austria, South Africa and China. This unique plasma fractionation technology enables the plasma component of human blood to be processed to extract life-saving drugs, requires advanced research and development, GMP-certified equipment and facilities, and investments exceeding $75 million.
Dobrobut attracts investment from Horizon Capital’s new fund EEGF III
April 10, 2019
Horizon Capital, a U.S. private-equity firm investing in high growth companies in Ukraine and the near region, and Dobrobut, the leading private healthcare services provider in Ukraine, have announced that Horizon Capital’s latest $200 million fund, Emerging Europe Growth Fund III, LP (EEGF III) has acquired a minority stake in Dobrobut. Financial details for this transaction have not been disclosed.
Ajax Systems attracts $10 million investment from Horizon Capital’s new fund EEGF III
March 29, 2019
Horizon Capital, a U.S. private-equity firm investing in high growth export-oriented and domestic companies in Ukraine and the near region, and Ajax Systems, a leading producer of smart security systems in Ukraine, have announced that Horizon Capital’s latest $200 million fund, Emerging Europe Growth Fund III, LP (EEGF III) has acquired a minority stake in the Company for $10 million.
Horizon Capital hits hard cap with $200m for its third Ukraine-focused fund, the largest fund raised for Ukraine in a decade
January 23, 2019
Horizon Capital, a U.S. private-equity firm investing in high growth and export-driven companies in Ukraine and the near region, has closed its third fund, Emerging Europe Growth Fund III, L.P. (“EEGF III”, the “Fund”), at its $200 million hard cap, far surpassing the $150 million target. In what marks the largest private equity fund raised for Ukraine in a decade, Horizon’s EEGF III received strong backing from existing and new investors, attracted by the excellent value, fast growth and abundance of opportunities that Ukraine offers. Led by Founding Partners Lenna Koszarny and Jeffrey C. Neal and Senior Partner Denis Tafintsev, Horizon manages over $850 million in assets from investors with a capital base exceeding $350 billion. Its Ukraine-focused funds have invested over $650 million in 140 companies employing over 46,000 people.
Rozetka and EVO merge to create Ukraine’s e-commerce champion
November 30, 2018
Rozetka, the leading online e-commerce retailer in Ukraine and EVO, the internet company behind the country’s largest marketplace Prom.ua, have completed a merger, cementing their top position in Ukraine’s fast-growing e-commerce segment of the retail market.
Horizon Capital Exited Ergopack to Sarantis
May 14, 2018
Horizon Capital announced today the exit of its full stake in Ergopack, a leading Ukrainian manufacturer of household goods, to Sarantis, a European strategic investor and leading publicly-listed consumer goods company.
Horizon Capital backs the successful IPO of Purcari Wineries in Bucharest
February 15, 2018
Horizon Capital, a leading private equity firm in the region, announced today that Purcari Wineries PLC (Purcari) has completed its Initial Public Offering and commenced trading on the Bucharest Stock Exchange (BSE: WINE). The offering was well received, with retail investors oversubscribing more than four times over, despite heavy turbulence on global markets as the Dow recorded its two largest point-drops on record. As a result of this successful public launch, Horizon Capital, on behalf of its fund EEGF II, has sold a 40.9% stake in Purcari, realizing a 3.2 times gross cash-on-cash return on the sale of these shares. Horizon Capital remains an active shareholder with a 22.7% stake held, aiming to further capitalize on the fast growth of the Company, as Purcari seeks to become the undisputed champion of the high-growth CEE wine market.
Horizon Capital Increases Its Stake in Datagroup to Over 70%
September 6, 2016
Horizon Capital announced today that it has increased its stake in Datagroup, a leading independent telecom operator in Ukraine, from significant minority to over 70%. Following completion of this transaction, Horizon Capital has assumed operational control of the company. The financial details of the transaction were not disclosed.
George Soros’s Ukrainian Redevelopment Fund LP Will Acquire Stake in Ciklum Holding Limited
November 18, 2015 Kyiv, Ukraine
Ciklum Holding Limited announced today that the Ukrainian Redevelopment Fund LP will acquire a significant equity stake in Ciklum. The transaction is expected to be completed by the end of 2015, subject to customary closing conditions and regulatory approval. The Ukrainian Redevelopment Fund is acquiring the entire stake held by Horizon Capital and an undisclosed portion of the stake held by Majgaard Holdings Ltd.
Horizon Capital Launches Report on Ukrainian Investment Opportunities at the U.S.-Ukraine Business Forum in Washington, DC
July 24, 2015 Kyiv, Ukraine
Horizon Capital has developed and is pleased to share a comprehensive, data-rich report entitled “Ukraine 2015: A ground-floor opportunity at the EU’s frontier”.