Ciklum is Horizon Capital’s First Investment in the IT Sector (CEE/CIS)
Source: Horizon Capital
Horizon Capital, a private equity fund manager focused on mid-cap companies in Ukraine, Belarus and Moldova, has acquired a minority stake in Ciklum, an information technology (IT) company based in Ukraine, through its Emerging Europe Growth Fund II (EEGF II). The deal marks Horizon Capital’s first investment in the IT sector. Financial details of the transaction have not been disclosed.