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Euvic Ukraine received €4 million in investment: where the funds will be used

The Euvic Ukraine company raised 4 million euros from 3TS Capital Partners and a private investor for the development of mergers and acquisitions in Ukraine. The 3TS Capital Partners fund received a minority stake, while control remains with the Polish Euvic SA.

Euvic Ukraine, founded as a platform for uniting Ukrainian technology companies, raised investments to strengthen its market position. The company’s president, Lukasz Czernecki, noted that this will facilitate new deals for the acquisition of Ukrainian IT companies. To date, the company has already united several Ukrainian firms, including Artkai, 7Devs, Exoft, Lampa Software, and Diya. About 500 specialists currently work here, and the company’s market value is estimated at 10 million dollars.

Founded in 2005 in Poland, Euvic Group comprises over 6,000 specialists worldwide. The group has gathered more than 30 IT companies and focuses on outsourcing, digital transformation, and the implementation of enterprise IT solutions. Its total turnover exceeds 230 million dollars.

This financing round is a strategic step in implementing the company’s plans to expand in Ukraine. Mergewave Capital co-founder Taras Bachynskyi stated that particular attention is given to acquiring outsourcing companies with about 100 specialists. Opportunities for partnerships in the fields of IT administration and digital governance are also being considered.

Facts about Euvic Group Indicators
Founding 2005, Poland
Number of employees Over 6,000 in various countries
Number of companies in the group More than 30
Annual total turnover Over $230 million

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