Horizon Capital

Horizon Capital is a private equity firm established in 2006 and headquartered in Kyiv, Ukraine, with an additional office in Chicago, Illinois. It specializes in buyouts, growth capital, and expansion investments, primarily focusing on later-stage opportunities in small and mid-cap companies. The firm invests in various sectors, including light manufacturing, information technology, financial services, fast-moving consumer goods, and e-commerce, with a particular emphasis on industry leaders and companies with consolidation potential. Horizon Capital manages four funds with assets exceeding $850 million and is backed by over 40 institutional investors. The firm actively seeks to partner with visionary entrepreneurs and aims to generate value through governance and operational improvements. Investments typically range from $5 million to $20 million, with a preference for acquiring control stakes, though minority interests are also considered. Horizon Capital generally seeks to exit its investments within three to five years via trade sales or initial public offerings. With a team that boasts over 75 years of regional investment experience, the firm is committed to integrity, transparency, and successful value creation.

Tetyana Bega

Investor Relations Director

Natalie Best

VP

Dmytro Boroday

Principal

Mark Burden

CFO

Natalie Chaus

Chief Financial Officer

Roman Cherepakha

Investment Director

Svitlana Dryhush

Investment Director

Denis Filatov

Investment Director

Ruslan Furtas

Principal

Maksym Kuznetsov

Investment Director

Konstantin Magaletskyi

Partner

Jeffrey C. Neal

Founding Partner and Chairman of Investment Committee

Liubomyr Romaniv

Investment Associate

Orest Ryvak

Investment Associate

Oleg Stadnik

Investment Director

Bogdan Svyrydov

Venture Director

Denys Sychkov

Investment Director

Vasile Tofan

Senior Partner

Dmytro Zabigaylo

Partner and General Counsel

Kateryna Zhuravska

Investment Director

Past deals in Belarus

Ciklum

Venture Round in 2012
Ciklum ApS operates as a digital solutions company serving Fortune 500 companies and organizations. It offers services in the areas of application development, research and development, big data and analytics, support services, QA and software testing, Internet of Things, DevOps, and Chatbot development. The company was founded in 2002 and is based in Kyiv, Ukraine. It has development centres in Ukraine, Poland, Spain, Belarus, and Pakistan; and sales offices in Denmark, Israel, Switzerland, United Kingdom, the United Arab Emirates, and the United States.

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.