1. Home >
  2. M&A >
  3. Stake Purchase >
  4. Horizon Capital Invests In Minsk Transit Bank CJSC

Investment Summary

Horizon Capital Invests In Minsk Transit Bank CJSC

On February 14, 2008, private equity firm Horizon Capital invested in financial services company Minsk Transit Bank CJSC

Investment Highlights
  • This is Horizon Capital’s 2nd transaction in the Financial Services sector.
  • This is Horizon Capital’s 1st transaction in Belarus.

Investment Summary
Date 2008-02-14
Target Minsk Transit Bank CJSC
Sector Financial Services
Investor(s) Horizon Capital
Deal Type Stake Purchase

Target

Minsk Transit Bank CJSC

Minsk, Belarus
MTB was founded in 1994. Today it is a well-positioned and dynamic universal bank providing a full range of services to corporate and private clients. The Bank services non-state-owned small and medium-sized businesses and individuals with above average and high income. MTB has five branches, three of which are in Minsk, and 15 point of sales located both in Minsk and in other cities of Belarus. MTB's aggressive growth in lending (during 2003-2006 the Bank's loan portfolio grew at 34% CAGR) was accompanied by a rapid increase of customer deposits and current accounts (during 2003-2006 the Bank's total deposit portfolio grew at 55% CAGR).

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Horizon Capital

Kyiv, Ukraine

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 1.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Horizon Capital is a private equity fund manager that targets investments in mid-cap companies with rapid growth and profit potential in Ukraine and Moldova. The firm seeks to invest between $5 million to $20 million per transaction. Horizon Capital uses investment proceeds primarily for expansion and buy-out opportunities in core industries that serve the emerging middle class. These industries include financial services, fast-moving consumer goods (FMCG), retail, manufacturing, and other select sectors. Horizon Capital was founded in 2006 and is based in Kyiv, Ukraine.

DEAL STATS #
Overall 3 of 25
Sector: Financial Services M&A 2 of 4
Type: Stake Purchase M&A Deals 2 of 7
Country: Belarus M&A 1 of 1
Year: 2008 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Purcari Wineries

Chisinau, Moldova

Purcari Wineries is a wine and brandy segment in the Central and Eastern Europe (CEE) region, managing around 1,000 hectares of vineyards and 4 wineries located in Romania and the Republic of Moldova: Purcari, Crama Ceptura, Bostavan, and Bardar. Purcari Wineries was established in 1827 and is based in Chisinau, Moldova.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-06 Evrotek Group

Kyiv, Ukraine

Evrotek Group PLC is a supermarket retail chain operating under the trade name 'Fresh'. It currently operates eight stores throughout Ukraine. Evrotek Group was founded in 1995 and is based in Kyiv, Ukraine.

Buy -
Mergr

Solution for

Product

Company

Legal