Horizon Capital Celebrates Prestigious Award
Horizon Capital, a leading private equity firm based in Ukraine, has recently been honored with the 2025 Deal Innovation Award by the Global Private Capital Association (GPCA). This prestigious award recognizes the firm's exemplary leadership and innovation in executing the acquisition of Datagroup-Volia-Lifecell (DVL Telecom), one of Ukraine's largest mergers and acquisitions in recent history. The acquisition was spearheaded by a consortium led by notable global telecom entrepreneur Xavier Niel's NJJ Holding.
Acknowledgment for Vision and Professionalism
The GPCA commended Horizon Capital's remarkable vision and professionalism, which have driven impressive growth in Datagroup, achieving a staggering 3.8 times revenue growth and 4.8 times EBITDA growth over five years. Horizon Capital’s innovative strategy not only paved the way for substantial financial success but also underscored a commitment to inclusive and sustainable value creation.
Financial Partnership and Investment Details
To further facilitate NJJ's entry into the Ukrainian market, Horizon Capital Growth Fund II, L.P. forged a partnership with NJJ, investing 10% in DVL Telecom. The firm also successfully secured $435 million in debt financing from reputable organizations such as the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD). This deal stands as a $1.5 billion investment in Ukraine's economy, reinforcing international confidence in the country's resilience, even amidst ongoing challenges.
Statements from Leadership
Lenna Koszarny, Founding Partner and CEO of Horizon Capital, expressed her gratitude for the recognition, emphasizing the firm's dedication to mobilizing substantial capital for Ukrainian businesses. "This award is not just ours; it belongs to our partner Xavier Niel and his NJJ team, as well as to Mykhailo Shelemba and the Datagroup-Volia-Lifecell team, and the remarkable Ukrainian business community that has shown incredible resilience," she stated.
Impact of the Datagroup-Volia-Lifecell Deal
The GPCA's distinguished jury highlighted the Datagroup-Volia-Lifecell transaction as a demonstration of confidence in both Ukraine's resilience and Horizon Capital's prowess in executing significant deals under adverse geopolitical risks. Dmytro Boroday, a partner at Horizon Capital, remarked on the success of the transaction, stating, "It demonstrates how targeted investment can create significant impact, particularly in challenging environments. This approach aligns perfectly with our upcoming Catalyst Fund, focused on partnering with global investors to escalate their entry into the Ukrainian market and provide essential capital for reconstruction in critical sectors such as energy and digital infrastructure."
Commitment to Growth and Innovation
Horizon Capital remains resolute in its mission to team up with visionary founders and firms that are transforming Ukraine. The firm is dedicated to driving growth, promoting innovation, and delivering long-term value to both businesses and the broader Ukrainian economy.
About GPCA
The Global Private Capital Association (GPCA) plays a vital role in representing private capital investors who manage over $2 trillion in assets across various regions including Asia, Latin America, Africa, Central and Eastern Europe, and the Middle East. The GPCA serves as a platform connecting investors and stakeholders while promoting industry best practices, underscoring the importance of private capital in fostering economic growth and innovation worldwide.
Frequently Asked Questions
What is the significance of the 2025 Deal Innovation Award?
The award recognizes exceptional leadership and innovative approaches in structuring significant deals, particularly in the face of geopolitical challenges.
Who led the acquisition of Datagroup-Volia-Lifecell?
The acquisition was led by a consortium headed by Xavier Niel’s NJJ Holding, in partnership with Horizon Capital.
How did Horizon Capital facilitate the acquisition?
Horizon Capital partnered with NJJ, investing 10% in DVL Telecom and raising substantial debt financing from international finance institutions.
What growth did Datagroup achieve under Horizon Capital?
Datagroup experienced a 3.8 times revenue growth and a 4.8 times increase in EBITDA over five years, showcasing significant financial success.
What role does GPCA play in the investment landscape?
GPCA connects private capital investors, promotes best practices, and highlights the role of private capital in driving economic growth across multiple regions.
