Horizon Capital Increases Stake in Datagroup (CEE and CIS)

Source: Horizon Capital

Horizon Capital, a private equity fund manager that focuses on investments in mid-cap companies in the CEE and CIS region, has increased its holding in Ukraine-based telecommunications operator Datagroup from a minority stake to 70 percent. Following completion of the transaction, Horizon Capital has assumed operational control of the company. Financial details of the transaction were not disclosed.