Horizon Capital Achieves Prestigious Recognition for Innovative Transactions
Horizon Capital, a prominent private equity firm based in Ukraine, recently obtained the coveted 2025 Deal Innovation Award from the Global Private Capital Association (GPCA). This acknowledgment is remarkable as it celebrates Horizon Capital’s significant role in shaping the acquisition of Datagroup-Volia-Lifecell (DVL Telecom), which stands as one of the largest mergers and acquisitions in Ukraine in recent years.
Transformative Impact and Market Growth
The GPCA has highlighted Horizon Capital's ability to drive impressive growth metrics, including a remarkable 3.8 times increase in revenue and 4.8 times growth in EBITDA over a five-year span. This extraordinary achievement underscores the firm’s proficiency in creating sustainable value and innovative partnerships in the ever-evolving market landscape.
Strategic Partnership and Financing
In a bid to facilitate NJJ’s entry into the Ukrainian market, Horizon Capital partnered strategically with NJJ, investing 10% in DVL Telecom through its fund, Horizon Capital Growth Fund II, L.P. Furthermore, it raised an impressive $435 million in debt financing from notable institutions such as the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD). This transaction, valued at $1.5 billion, reflects the unwavering confidence of international investors in Ukraine’s enduring resilience amidst various challenges.
Acknowledging Exceptional Collaboration
Lenna Koszarny, Founding Partner and CEO of Horizon Capital, expressed gratitude for this recognition, stating, "We are deeply honoured to receive this recognition from GPCA, which reflects Horizon Capital's commitment to mobilizing significant capital for Ukrainian companies, broadening the size and scale of bankable opportunities in the country, and accelerating the entry of top-tier global investors to Ukraine now, not waiting for the war to end." This award is credited to the collaborative efforts with partners like Xavier Niel and the NJJ team, as well as with Mykhailo Shelemba and the Datagroup-Volia-Lifecell team, showcasing the resilience and strength of the Ukrainian business community.
Highlighting Resilience in Geopolitical Challenges
GPCA’s distinguished jury recognized that the DVL transaction exemplified a strong belief not only in Ukraine's resilience but also in Horizon Capital's capability to navigate complex geopolitical challenges while executing noteworthy deals. "The success of the Datagroup–Volia–lifecell deal demonstrates how targeted, value–added investment can create outsized impact even in challenging times," remarked Dmytro Boroday, Partner at Horizon Capital.
Future Plans and Commitment to Growth
Horizon Capital remains committed to fostering growth and innovation within Ukraine by partnering with visionary founders and companies that aim to make a significant impact. Future initiatives will be directed through their Catalyst Fund, designed to engage with global strategic and financial investors to expedite their involvement in the Ukrainian market, focusing on essential sectors crucial for the country's reconstruction.
A Look at GPCA’s Role
The Global Private Capital Association (GPCA) is an impactful international membership organization, representing over 300 private capital funds and institutional investors globally. With more than $2 trillion in managed assets, GPCA plays a crucial role in connecting investors and stakeholders, promoting best practices, and emphasizing the critical importance of private capital in fostering economic growth and innovation throughout the world.
Frequently Asked Questions
What is the 2025 Deal Innovation Award?
The 2025 Deal Innovation Award recognizes outstanding achievements in structuring and executing significant transactions within the private capital sector.
Which transaction did Horizon Capital receive the award for?
The award was given for Horizon Capital's role in the acquisition of Datagroup-Volia-Lifecell (DVL Telecom), a major transaction in Ukraine.
Who partnered with Horizon Capital for the DVL transaction?
Horizon Capital partnered with NJJ, a global telecommunications and tech entity led by Xavier Niel.
What financing sources assisted the DVL transaction?
The transaction was supported by $435 million in financing from the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD).
What sectors does Horizon Capital focus on in its future investments?
Horizon Capital aims to invest in vital sectors like energy, digital infrastructure, and construction materials as part of its Catalyst Fund initiatives.
