Capital Times, a member of international network of M&A consultants Globalscope, was engaged as the exclusive financial advisor of IT company Intellias on the deal on attraction of private equity fund under management of Horizon Capital as a minority shareholder. It is already the 4th closed M&A deal in IT sector over the last 1.5 year that Capital Times worked on as an investment advisor.
"We believe, that this deal serves as one more evidence, that Ukrainian IT sector has a significant investment potential," commented Oleg Stadnik, Head of Investment Banking Department at Capital Times. "Both Horizon Capital and Intellias hold the leading positions in their niches, which makes this deal remarkable for Ukrainian M&A market. Participation in such projects strengthens the expertise of our team in IT sector, which enables us to meet high standards of local and foreign clients."
Intellias is one of the best Ukrainian IT employers and fastest growing IT service providers, since 2013 the company has increased its personnel by more than 7 times up to 1,100 employees, located in headquarter in Lviv and also in offices in Kyiv and Odesa. Further development plans of the company stipulates expansion of the geography of presence, in particular, opening of development centers in Kharkiv, Ivano-Frankivsk, as well as in Central and East European countries.
Horizon Capital manages private equity funds with total capital under management of more than $800 million. The company invests in companies from Ukraine, Moldova, and Belarus, including in IT sector, in particular in such companies as Rozetka, Ciklum, Tinkoff Credit Systems, and Jooble.
Capital Times Investment Company is an independent investment company, founded in 2006, focused on investment banking and wealth management. The company's offices are located in Kyiv and Minsk, with the support of 55 partners of Globalscope in 46 countries.