EY Ukraine Tax & Law team advised Horizon Capital on acquisition of a stake in Rozetka, Ukrainian e-commerce leader

EY LLC, Kyiv, Ukraine, 
Fri, July 17, 2015

July17, 2015, Kyiv –The EY Ukraine Tax & Law team has served as a legal advisor to HorizonCapital, a leading private equity fund manager in Ukraine and the region, inacquisition of a stake in Rozetka, a leading e-commerce company based inUkraine. The funding for this deal comes from Horizon Capital’s Emerging EuropeGrowth Fund II (EEGF II).

Horizon Capital engaged UkrainianTax & Law professionals of EY as legal advisors responsible for providingsupport from the inception of the deal and up to the very closing. The team wasled by Borys Lobovyk, Director, with support from Igor Chufarov, Partner, Tax& Law, EY Ukraine.

“We are extremely delighted to invest in Rozetka and this deal clearlydemonstrates our commitment to, and belief in, the strong upside potential ofUkraine”, said Lenna Koszarny,Founding Partner and Chief Executive Officer of Horizon Capital.

“This was a challenging yetvery inspirational project, for which we are grateful to our client and, particularly,the client’s core transaction team: Denis Tafintsev, Senior Partner, AlexeiDmitriev, Partner, and Dmytro Zabigaylo, General Counsel”, commented Borys Lobovyk, Director, Tax & Law,EY Ukraine. “We provided end-to-end transaction legal and tax advice andsupport to Horizon Capital – from pre-deal structuring to completion, and wewill continue to support our client with respect to various post-completionmatters. This deal is a bright example of a possibility to attract foreign investmentsfor well managed and market-focused businesses despite current turbulent timesin Ukraine and in the region generally.”

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