EY Ukraine advised Miratech on attraction of investment from International Finance Corporation, in partnership with Horizon Capital

December 14, 2023. EY Law Ukraine acted as an advisor to Miratech. EY participated in negotiations and preparation of transaction documents and provided deal signing and closing support.

EY project team was led by Borys Lobovyk, Partner and Law Leader at EY Ukraine, with the support from Andrii Kornuta, Senior Associate, EY Ukraine.

“It has been an honor for EY to assist Miratech in their successful attracting the investment from IFC and Horizon Capital. We see this as a significant stride in advancing Ukraine's tech industry and look forward to witnessing the positive ripple effects of this collaboration to the growth of the sector,” – commented Borys Lobovyk, Partner and Law Leader, EY Ukraine.

For more information about this deal please visit the Miratech website.

Notably, in 2022 EY team also advised Miratech on the attraction of investment from Horizon Capital.

Miratech is a leading global IT services and consulting company that helps visionaries to change the world by supporting digital transformations for the largest enterprises on the planet. By partnering with both large and small players, Miratech stays at the leading edge of technology, remaining nimble even as a global leader, and creating technology that helps clients further enhance their business. Miratech’s culture of Relentless Performance enables over 99% of Miratech’s engagements to succeed by meeting or exceeding scope, schedule, and/or budget objectives since the company’s inception in 1989.

Horizon Capital is the leading private equity firm in Emerging Europe with $1.5 billion in assets from investors with a capital base exceeding $630 billion. Horizon Capital-managed funds have invested in over 160 companies employing more than 80,000 people in the region. Recently Horizon Capital attracted $298 million in its new fund HCGF IV to back Ukraine’s visionary entrepreneurs.

We are pleased to highlight that EY Ukraine has consistently advised Horizon Capital on its investments, including in leading global edtech platform GoIT, e-commerce giant Rozetka, the foremost dollar store player Avrora, the medicine delivery e-commerce platform Liki24, the beauty industry leader MakeUp, the top-tier smart security manufacturer Ajax Systems, the rapidly expanding IT outsourcing company Intellias and several other notable ventures.

International Finance Corporation is a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets.

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