On September 12, Polish IT group EUVIC acquired a controlling stake (51%) in Ukrainian company Diya. The transaction was advised by Mergewave Capital, which had previously supported EUVIC’s entry into the Ukrainian market.
EUVIC is one of the largest IT groups in Central Europe, employing over 5,000 specialists. The company continues to expand its portfolio in Poland and neighboring countries and is now making a strategic commitment to Ukraine.
Founded in 2014, Diya specializes in the implementation and maintenance of corporate IT infrastructures. The company employs around 60 people, retains its brand, and remains focused on projects in Europe and the United States.
“For investors, this is a signal that Ukraine remains attractive for deals even in difficult times. For Diya, it is an opportunity to scale the business without losing the team,” said Taras Bachynskyi, advisor at Mergewave Capital.
Diya co-founder Yuriy Navalkivskyi emphasized the importance of finding an investor with shared social responsibility values:
“We remain committed to our volunteer projects and civic stance, regardless of changes in ownership structure.”
Ukrainian entrepreneurs seeking to scale have a unique opportunity to partner with Euvic Group.
The group is looking for partners among companies that:
- have teams of 80 to 150 people;
- are ready to sell 51–60% of shares while keeping founders involved in the business;
- are valued at 3–5 EBITDA;
- are eager to grow together with Euvic Ukraine, which aims to expand to over 1,000 specialists (currently 500+).
