The Best Business Brokers and Investment Firms in Ukraine

The decision to buy or sell a business in Ukraine, raise investment capital, find a strategic partner, or prepare a company for an M&A transaction requires professional advisory support. In such cases, cooperation with an investment firm, an investment bank, or an experienced business broker is not merely desirable but critically important to achieving a successful outcome and protecting the interests of the business owner.

At the same time, the Ukrainian brokerage market remains fragmented. Alongside strong and professional players, there are many non-specialized or underqualified intermediaries, while the internet is saturated with company websites that are either inactive in practice or maintain only a nominal presence. This significantly complicates the choice of a reliable partner for business owners and investors.

Traditionally, investment banking and brokerage services in Ukraine are provided by large investment banks, specialized investment companies, and professional business brokers. Major investment banks offer strong teams, international expertise, and access to capital; however, their services are typically focused on large transactions and corporate clients, making them less accessible for small and medium-sized businesses.

For SMEs, professional business brokers and investment companies are often more relevant. These firms specialize in business sales, mid-sized capital raising, working with private investors, and tend to be more flexible in terms of industries covered, deal structures, and client budgets.

In this article, we present an updated selection of the most well-known, active, and professional investment banks, investment companies, and business brokers in Ukraine that are genuinely operating in the market and have been advising on transactions in recent years (2025–2026).

Investment Companies in Ukraine: “Large Business” Segment (from $10 million)

Dragon Capital

Dragon Capital is Ukraine’s leading and largest independent investment company, with more than 25 years of market presence, providing a full range of investment banking, brokerage, research, and investment services to corporate clients, institutional investors, and private capital. The firm is one of the key players in Ukraine’s M&A market, capital markets, and private equity, with a primary focus on mid-sized and large-scale transactions.

Over the course of its operations, Dragon Capital has been involved in more than 100 transactions with a total value exceeding $5 billion, including M&A deals, equity and debt capital raising, financial restructurings, and direct investments in private companies. Dragon Capital consistently holds a leading position in the Ukrainian capital market and remains an active participant in the country’s key investment processes, including under wartime economic conditions and in preparation for post-war recovery.

A separate strategic focus of the group is private equity and fund management. Dragon Capital manages a diversified portfolio of assets across industry, agribusiness, real estate, FMCG, and infrastructure, and acts as an initiator and managing partner of investment funds aimed at the long-term development of the Ukrainian economy. Notable portfolio companies and assets include KMZ Industries, Chumak, the Alladin Shopping Mall, as well as a substantial portfolio of commercial and industrial real estate.

• Website: https://dragon-capital.com
• Year founded: 2000

Key services and capabilities: investment banking (M&A, equity and debt capital raising, restructuring), brokerage and custodial services, sales & trading with access to local and international capital markets, macroeconomic and sector research, private equity investments, fund management, and strategic financial advisory.

Sector expertise: commercial, logistics, and industrial real estate; development; agribusiness and food processing; industrial manufacturing; FMCG; media; banking and financial services; pharmaceuticals; infrastructure and energy projects.

Beneficiaries and key management:

• Tomas Fiala — Founder and CEO

• Brian Best — Managing Director, Investment Banking

• Yevhen Baranov — Managing Director, Private Equity

• Volodymyr Tymochko — Managing Director, Private Equity

• Andrii Nosok — Managing Director, Private Equity

Investment Capital Ukraine (ICU)

ICU (Investment Capital Ukraine) is one of Ukraine’s leading independent financial and investment groups, with more than 15 years of market experience, specializing in investment banking, asset management, and capital markets operations. The group serves large corporate clients as well as private and institutional investors and acts as a key financial advisor on complex M&A transactions, capital raising, and debt financing in Ukraine.

ICU consistently positions itself as an expert investment banking and asset management platform, combining classical investment banking with deep macroeconomic and sector-specific research. ICU’s analytical team is widely regarded as one of the strongest in the Ukrainian market; its research is actively used by institutional investors, international financial organizations, banks, and leading business media.

The group’s structure includes Avant-Garde Bank, enabling ICU to provide a full cycle of financial services, including settlement, custodial services, and securities operations. This significantly strengthens ICU’s position in debt capital markets, liquidity management, and structured financial solutions.

ICU’s investment banking division has extensive experience in advising on large-scale M&A transactions and capital raising, acting as a financial advisor to leading Ukrainian and international companies, including Kernel, Roshen, and Kyivstar. The cumulative value of M&A transactions completed with ICU’s involvement exceeds $1 billion, with a focus on complex, structured transactions across key sectors of the economy.

ICU has received international recognition as an investment and asset management firm. In particular, Bloomberg named ICU the best-performing multi-strategy fund in 2012, and in 2015 the group ranked first among Ukrainian investment banks according to Cbonds. In 2025–2026, ICU maintains an active market presence, focusing on institutional capital, large corporates, and debt instruments amid wartime and transformational economic conditions.

• Website: https://www.icu.ua
• Year founded: 2006

Key services and capabilities: investment banking (M&A, equity and debt capital raising, financial restructuring), asset and fund management, debt capital markets, dealing operations, brokerage and custodial services, securities placement and distribution, macroeconomic and sector research.

Sector expertise: agribusiness and food processing; financial and banking sector; telecommunications and IT; commercial and industrial real estate; retail; machinery and equipment manufacturing; extractive industries; infrastructure and other capital-intensive sectors.

Beneficiaries and key management:

• Kostyantyn Stetsenko — Managing Partner

• Makar Paseniuk — Managing Partner

• Roman Mykytov — Director, Investment Banking

• Ruslan Kilmukhametov — Director, Debt Capital Markets

• Ivan Shvydanenko — Director, Investment Banking

• Yurii Kamaritskyi — Vice President, Investment Banking

Concorde Capital

Concorde Capital is one of Ukraine’s leading independent investment firms, with more than 20 years of market presence, providing comprehensive services in investment banking, brokerage, capital markets, and strategic financial advisory. The company focuses on large and mid-sized businesses, private investors, and entrepreneurs raising capital to scale their operations or implement investment projects.

Over the course of its operations, Concorde Capital has helped Ukrainian companies attract more than $3 billion in investment, including through M&A transactions, private placements, debt financing, and capital markets operations. Concorde Capital holds a strong position in the Ukrainian securities market and is traditionally among the most active players in the investment banking + brokerage segment, combining transactional expertise with robust analytical support for clients.

A key competitive advantage of Concorde Capital is its strong analytical department, specializing in macroeconomics, financial markets, and core sectors of the Ukrainian economy. Concorde Capital’s research has received repeated international recognition: the firm ranked among the Top 3 in The Thomson Reuters Extel Survey in the “Ukrainian Research” category and has been a winner and finalist of the Cbonds Awards in categories related to investment banking, trading, and financial markets research.

In 2025–2026, Concorde Capital maintains an active market presence, focusing on structured transactions, debt financing, energy and infrastructure projects, and advisory support for businesses operating in Ukraine’s wartime and transformational economy.

• Website: https://concorde.ua
• Year founded: 2004

Key services and capabilities: investment banking (M&A, IPOs, private placements), equity and debt capital raising, debt and project finance, strategic and financial advisory, brokerage services, securities trading, financial markets research and analytics.

Sector expertise: online retail and e-commerce; commercial and industrial real estate; alternative and distributed energy; healthcare and pharmaceuticals; banking and financial services; industrial manufacturing; infrastructure and other capital-intensive projects.

Beneficiaries and key management:

• Ihor Mazepa — Founder and CEO

• Ihor Sotnyk — Director, Investment Banking

• Oleksandr Parashchii — Head of Research

FinPoint

FinPoint is an independent investment banking firm with Ukrainian roots, specializing in M&A advisory, strategic financial solutions, and debt transactions for corporate clients. The company primarily operates in the mid-sized and large business segment, advising on complex transactions that require a high degree of customization and direct involvement with business owners and top management.

FinPoint focuses on advisory-driven investment banking, acting as a financial advisor in business acquisitions and sales, attraction of strategic and financial investors, debt restructuring, and preparation of companies for accessing capital markets. Its project geography covers Ukraine, Central and Eastern Europe, as well as cross-border transactions involving international capital.

A key element of FinPoint’s business model is its international partnership network. Since 2009, the firm has been a strategic partner of Rothschild & Co in Ukraine, providing access to a global investor base, international corporations, and financial institutions. This partnership enables FinPoint to effectively integrate Ukrainian assets into the global M&A landscape and successfully advise on cross-border transactions.

In 2025–2026, FinPoint maintains a niche yet stable market presence, focusing on complex, often non-public transactions where trust, confidentiality, deep sector expertise, and hands-on partner involvement are critical success factors.

• Website: http://finpoint.biz
• Year founded: 2003

Key services and capabilities: investment banking (M&A buy-side and sell-side), debt transactions and debt restructuring, financial and strategic advisory, IPO preparation and public capital raising, business and asset valuation, financial modeling.

Sector expertise: banking and financial services; insurance; transport and infrastructure; agribusiness and food processing; FMCG manufacturing; construction materials production; energy; utilities and other capital-intensive industries.

Beneficiaries and key management:

• Serhii Budkin — Managing Partner

• Oleh Kovtun — Partner

• Leonid Kirian — Partner

Investment Companies in Ukraine: “Mid-Sized and Large Business” Segment (from $3 million)

InVenture

InVenture is a leading Ukrainian investment brokerage group and ecosystem specializing in business sales and acquisitions, capital raising, and M&A advisory across the small, mid-sized, and, in part, large business segments. The company combines classical investment brokerage with a powerful information, analytics, and marketing platform, making InVenture one of the most recognizable players in Ukraine’s investment market.

A key differentiator of InVenture is that the group owns and develops Ukraine’s largest online portal dedicated to direct investments, M&A, and venture capital — InVenture — which functions not only as a media outlet but also as an investment marketplace with an active base of investors, entrepreneurs, and strategic buyers. The platform ensures a steady inflow of investment inquiries, deal flow, and contacts that are directly integrated into the group’s brokerage and advisory activities.

Since 2009, transactions completed with InVenture’s involvement have exceeded $270 million, and more than 500 clients have used the company’s services to attract investors or sell their businesses. InVenture works closely with business owners, developers, manufacturing companies, and investors, advising on both exclusive brokerage mandates and targeted sell-side and buy-side transactions.

In 2025–2026, InVenture maintains a strong focus on practical, execution-driven transactions in the context of Ukraine’s wartime and transitional economy, combining investment advisory, asset marketing, investor demand management, and market analytics. The company is particularly strong in segments where speed, access to an active investor audience, and deep understanding of the local market are critical.

• Corporate website: https://inventure.ua
• Investment portal: https://inventure.com.ua
• Year founded: 2009

Key services and capabilities: investment brokerage for the sale of small, mid-sized, and large businesses; M&A advisory (sell-side / buy-side); equity capital raising and debt financing; corporate finance and transaction readiness; investment marketing, PR, and promotion of investment opportunities and products; management of investor mandates and inquiries.

Sector expertise: agribusiness and agriculture; manufacturing and FMCG; services sector; commercial and industrial real estate; industrial and warehouse assets; renewable and alternative energy; healthcare; IT and technology projects.

Beneficiaries and key management:

• Oleksii Oleinikov — Managing Partner

• Yurii Bochkur-Krasnianskyi — Partner

• Roman Kantarovskyi — Partner

• Oleksandr Rud — Partner

• Diana Lukomska — Investment Manager

Capital Times Investment Advisory

Capital Times Investment Advisory is an independent investment banking firm specializing in M&A advisory, attraction of strategic and financial investors, and support of cross-border transactions. The company focuses on mid-sized and large businesses and acts as a financial advisor in complex corporate transactions where international access to capital and structured deal preparation are critical.

Capital Times is the exclusive representative of Ukraine in the global M&A network Globalscope Partners, an international association of leading investment advisors operating in more than 45 countries worldwide. Membership in Globalscope enables Capital Times to provide clients with full access to an international investor base, strategic buyers, and financial institutions across Europe, North America, Asia, and the Middle East, supporting transactions with a strong cross-border component.

The firm focuses on sell-side and buy-side M&A, partner search for business growth, corporate structure restructuring, and enhancing the investment attractiveness of assets ahead of a transaction. Capital Times emphasizes hands-on partner involvement, confidentiality, and a strategic approach to value maximization — hallmarks of classical advisory investment banking.

In 2025–2026, Capital Times maintains an active presence in Ukraine’s investment advisory market, concentrating on international M&A transactions, strategic partnerships, and advisory services for foreign investors seeking to enter or expand their presence in the region.

• Website: https://www.capital-times.com
• Year founded: 2006

Key services and capabilities: investment banking (M&A buy-side and sell-side), attraction of strategic and financial partners, equity capital raising, corporate and financial restructuring, debt restructuring, strategic financial advisory, transaction readiness and business value maximization.

Sector expertise: telecommunications and IT; healthcare and pharmaceuticals; logistics and transportation; retail and consumer sectors; service industries; export-oriented and internationally focused businesses.

Beneficiaries and key management:

• Serhii Honcharevych — Managing Partner

• Iryna Starodubova — Associate Partner

• Artem Shcherbyna — Investment Director

• Dmytro Baranovskyi — Director, Investment Banking

Soul Partners

Soul Partners is an independent investment banking boutique specializing in M&A advisory, debt and equity capital raising, and financial restructuring for Ukrainian companies and private investors. The firm focuses on mid-sized and upper mid-market businesses, where deal structuring flexibility, hands-on partner involvement, and deep understanding of real-sector industries are critical.

Soul Partners positions itself as a boutique investment bank, emphasizing a highly tailored approach to each client and advisory support for complex transactions that require balancing the interests of owners, creditors, and investors. Its core focus includes sell-side and buy-side M&A, financing for business growth or stabilization, and debt restructuring in a volatile economic environment.

The Soul Partners team has practical experience working with local and international investors, banks, funds, and financial institutions, enabling effective structuring of both traditional M&A transactions and hybrid deals combining debt and equity financing elements. In 2025–2026, the firm is actively advising businesses adapting to Ukraine’s wartime economy and seeking capital for recovery, scaling, or changes in ownership structure.

• Website: https://soulpartners.com.ua
• Year founded: 2018

Key services and capabilities: investment banking (M&A buy-side and sell-side), debt and equity capital raising, debt restructuring, transaction structuring, negotiation support with investors and creditors, capital readiness and transaction preparation.

Sector expertise: TMT (telecommunications, media, technology); agriculture and agri-processing; industrial processing; logistics and transportation; renewable energy; industrial manufacturing and other capital-intensive sectors.

Beneficiaries and key management:

• Ihor Verkhohliad — Managing Partner

• Vitalii Provotorov — Managing Partner

• Iryna Dzhus — Vice President

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