In June 2010, Horizon Capital acquired a 64% stake in Purcari Wineries, a producer and exporter of wine and brandy based in Moldova.

Horizon helped Purcari streamline its product portfolio and relaunch four brands with a more appealing identity, cutting costs, improving gross margins and doubling the average price per liter of wine sold. In partnership with Horizon, Purcari implemented an environment, health and safety policy which included the launch of wastewater treatment facilities and a company-wide recycling policy.

Purcari became the first Moldovan company to complete an IPO, raising nearly USD50m via the listing of 49% of the company on the Bucharest Stock Exchange in February 2018.