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Creatio Raises $68M to Fuel Growth of its Leading Low-Code Platform for Process Management and CRM Share Article The round is a minority investment to extend Creatio’s leadership position in projected $187B+ low-code platform market Our vision is a world where everyone can automate business ideas in minutes. Now is a critical time for digital and IT leaders to leverage tech and transform their organizations into low-code companies. BOSTON (PRWEB) February 22, 2021 Creatio, a global software company that provides a leading low-code platform for process management and CRM, today announced a $68M capital raise led by Volition Capital, a US-based growth equity firm investing in high growth companies, with participation from Horizon Capital, a private equity firm investing in Europe. The funding is a minority investment to fuel the company’s growth, with Creatio’s strategy, leadership team, ....
| 24 December 2020 In a move that will see the country’s leading national fibre infrastructure and digital services provider take on board the nation’s leading cable broadband service provider, Ukraine s Datagroup has reached an agreement to purchase 100% of Volia. Each company focuses on different customer segments within the East European country. Datagroup claims leadership in Ukraine’s B2B segment with only 15% of its revenues generated by B2C, while Volia is the leader in the B2C segment with less than 5% of its revenues generated by B2B customers. Post-integration, the combined business is expected to generate revenues exceeding $130 million and over $50 million in EBITDA, with what is said the be one of the lowest leverage ratios among large telecom companies in the CEE region. ....
(2) KYIV, Ukraine, Dec. 22, 2020 /PRNewswire/ Datagroup, announced today it has reached an agreement to acquire 100% of Volia group of companies in Ukraine, with the full backing of Horizon Capital s EEGF II fund. EEGF II is the sole financial investor in Datagroup with a 96.13% stake, alongside CEO Mykhailo Shelemba, who holds 3.87%. This transaction is subject to customary regulatory approvals. Lenna Koszarny, Horizon Capital s Founding Partner and Chief Executive Officer, commented on the deal: The vision of uniting these two companies, both private-equity backed, has been a long-held dream within Horizon Capital and Datagroup. We are thrilled to realize the opportunities from merging two companies which are such a natural fit for each other. Both Datagroup and Volia operate in a highly fragmented industry which historically has meant limited investor interest and capital invested. Scale truly does matter when it comes to infrastructure to meet the demands of increas ....