Venture Fund Acquires 10% of Ukrainian IT Company Shares
The international APEX VNT Limited fund has acquired a share in the Epsy Soft IT company for 2 million 300 thousand hryvnas.
The international fund APEX VNT Limited, founded in 2013 in order to invest in IT projects, has closed its first deal in Ukraine and acquired a part of the authorized capital of the IT company Epsy Soft, a Ukrainian leader in the consulting and outsourcing fields. The deal was valued at 2,300,000 hryvnas.
The management of the APEX VNT Limited fund plans to further invest in this promising IT player and considers this the first step of a fruitful and profitable cooperation.
The CIS office of APEX VNT Limited fund located in Kiev reviews and estimates funding applications from companies and teams proposing innovative IT solutions. This combination with the Epsy Soft LLC management’s years of experience in various spheres of the IT market will allow them to achieve mutually profitable results by executing projects and attracting world renowned customers.
Dmitry Cherniy, the Epsy Soft LLC CEO and Head of the APEX VNT Limited CIS office, considers the forthcoming joint effort to be a very lucrative deal as it will allow the Ukrainian IT market to expand its development prospects and opportunities. Epsy Soft now plans to work on the particular projects that attracted the Fund’s interest, to strengthen the Fund’s consulting team in CIS countries, and to assist in the application process of potential investments.