M&A

Soros fund invests in software engineering company Ciklum to help Ukraine “break from the past”

The Ukrainian Redevelopment Fund, a private investment vehicle launched by US businessman and philanthropist George Soros earlier this year, has announced its acquisition of “a significant equity stake” in Ciklum, a major software engineering company operating globally from its main office in Kyiv (Kiev). The Ukrainian Redevelopment Fund is set to acquire the entire stake …

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Yell.ru acquires Ukrainian-Russian startup YouScan

Local search and user review service Yell.ru has acquired a controlling stake in Ukraino-Russian startup YouScan by buying the shares of the previous investors, while the founding team retained a minority stake. No further details of the transaction were disclosed. Yell also announced that it will invest $1 million in the company’s further development.

Snapchat acquires Ukrainian technology Looksery in reported $150 million deal

Yesterday Snapchat announced the launch of “Lenses,” a new feature that enables users to create a variety face effects while making selfies. These augmented reality filters will allow you to change eye or skin color, alter your face to remove blemishes or look thinner. Behind these new types of avatars is a technology developed by Looksery, a startup originated from Odessa, Ukraine, with …

Snapchat acquires Ukrainian technology Looksery in reported $150 million deal Read More

Online marketplace PROM.UA acquires platform for personal service classifieds

PROM.UA, a major B2B and B2C marketplace owned by Poland-based Allegro Group, has acquired Metnis Kabanchikom, an online service that allows users to post work requests and find people to complete the tasks. According to Ukrainian tech news site AIN.UA, negotiations regarding the acquisition began last autumn and were concluded last week. “As part of …

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Odessa e-marketing agency Netpeak acquires Bulgarian company and gets 10% stake in Russia’s Q-Page

Earlier this week the Odessa-based e-marketing agency Netpeak announced it has acquired a 51% stake in Bulgarian agency Optimization.bg as well as 10% of Q-Page, a Russian company that help individual entrepreneurs and SMBs create or optimize online sales pages. Netpeak paid $100,000 for the stake in Q-Page. The details of the deal with the Bulgarian company …

Odessa e-marketing agency Netpeak acquires Bulgarian company and gets 10% stake in Russia’s Q-Page Read More

Allegro Group acquires B2B trading platform Zakupki-online

In a new illustration of investor interest in Ukrainian e-commerce, Prom.ua, a major B2B and B2C marketplace owned by Poland’s Allegro Group, has aquired Zakupki-online.com, a platform that helps companies organize sales and purchases online without middlemen. The news was reported last week by the Ukrainian online edition of Forbes magazine, which estimates the transaction …

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Russia’s Quadro Capital Partners and Forex Club ready to invest in Ukraine

Last week Russian venture fund Quadro Capital Partners (FXC-QCP VC) and online trading service provider Forex Club announced investment plans in the field of Internet trading on the international stock market. The target geography includes Russia, Ukraine, other states of the former Soviet Union, and Europe. The total volume of investments could reach up to $200 million, a Forex Club executive …

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Ukrainian social media advertising agency AdCenter acquired by US agency VertaMedia

New York-based VertaMedia, an online marketing agency, last week announced the acquisition of AdCenter for $400,000. Based in Odessa, AdCenter organizes targeted ad campaigns on Russian-language social networks including Vkontakte (VK.com) and Odnoklassninki.ru. The agency serves Ukrainian as well as Russian clients via an office in Krasnogorsk in the Moscow region. The AdCenter site currently operates …

Ukrainian social media advertising agency AdCenter acquired by US agency VertaMedia Read More

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