Dragon Capital Invests in Treeum

11.01.2021
Dragon Capital New Ukraine Fund LP, managed by Dragon Capital, completed the acquisition of a controlling stake in Treeum, a leading Ukrainian online financial supermarket that manages business media resources including minfin.com.ua and finance.ua with a total audience of 8 million visitors per month.

“We expect the demand for financial products to continue growing, and Treeum is well positioned to take advantage of this market opportunity. The company has significant market expertise and customer recognition. It demonstrates impressive growth. We are delighted to have the opportunity to partner with such a strong team of managers and shareholders,” said Andriy Nosok, Managing Director, Co-Head of Private Equity at Dragon Capital.

“Treeum is delighted to welcome Dragon Capital among our shareholders. We have negotiated with a number of respected international investors and, in the end, decided to opt for Dragon Capital, as we saw them as the most comfortable and reliable partner capable of accelerating the development of Treeum. We believe that having teamed up with such an experienced investor, we will be able to raise our company to a new level,” said Ivan Yevtushenko, co-founder and CEO of Treeum.

 

About Treeum

Treeum is the leading online financial supermarket in Ukraine that manages such business media resources as minfin.com.ua and finance.ua with a total audience of 8 million visitors per month. The company was founded by Sergiy Vinderskikh, Yevgen Izmailov and Ivan Yevtushenko in 2008.

Minfin.com.ua is a website about finance and investments. It publishes articles on investing money, exchange rates, as well as data on banks and their products. The website helps to understand investments, compare and choose tools for investing money.

Finance.ua is a website comparing financial products. This is a medium about personal finance. Founded in 2000, it became part of Treeum in 2016. Finance.ua allows users to compare the services of individual banks, credit and insurance companies and order them online.

 

About Dragon Capital New Ukraine Fund L.P.

Dragon Capital New Ukraine Fund L.P. is a private equity fund, established in November 2015. The fund is managed by Dragon Capital and invests in a wide range of sectors of the Ukrainian economy, provides businesses with financial and management support to ensure long-term growth.

 

About Dragon Capital

Dragon Capital is one of the largest groups of companies in Ukraine that operates in the field of direct investment and financial services, providing a full range of investment banking and brokerage services for corporate and private clients. The company has decades of successful track record of private equity investments in leading manufacturers of goods and service providers in Ukraine, as well as in landmark residential and commercial real estate projects.