Horizon Capital acquires a majority stake in Datagroup

Baker & McKenzie’s Kyiv Office advised Horizon Capital, a leading private equity firm in Ukraine, on the increase of its stake in Datagroup, a leading independent telecom operator in Ukraine, from a significant minority to over 70%. AVELLUM advised Custos Invest & Finance Inc., one of the Datagroup’s shareholders/

Upon completion of this transaction, Horizon Capital will become a majority shareholder and will undertake operational control of the company. Following completion of this transaction, Horizon Capital has assumed operational control of Datagroup.

Horizon Capital is the leading private equity firm in Ukraine, managing over USD600 million in three funds. Datagroup is a national telecom operator holding leading positions in key segments: data transmission, international traffic transit, and satellite communication.

Baker & McKenzie’s Kiev team was led by partner Viacheslav Yakymchuk, with key input from corporate and M&A senior associate Andrii Moskalyk, associate Alyona Furda, banking & finance partner Ihor Olekhov, competition partner Oksana Simonova, and associates Natalia Kovalyova and Anna Dolynna.

AVELLUM team was led by the managing partner, Mykola Stetsenko, and counsel, Yuriy Nechayev, with significant support from senior associate, Oleksandr Polonyk, and associate, Dmytro Symbiryov.