CMS Cameron McKenna in Kyiv is pleased to announce that it has advised Horizon Capital on the sale of its stake in Ciklum, an innovative global IT company headquartered in Ukraine.
George Soros’s Ukrainian Redevelopment Fund LP acquired the entire stake held by Horizon Capital and a portion of the stake from the current majority shareholder, Majgaard Limited. The transaction is subject to regulatory approval and is expected to close by the end of 2015.
The CMS team was led by Graham Conlon, Co-Head of International Private Equity and Head of Corporate/M&A practice at CMS Cameron McKenna in Ukraine.
Graham Conlon commented: “We are proud to be involved in this high profile transaction and provide the necessary support to Horizon Capital.”