News and developments
Sayenko Kharenko advised Creatio on USD 68 million investment
Sayenko Kharenko has acted as a legal counsel to Creatio Inc. in connection with USD 68 million minority investment raised to fuel growth of its leading low-code platform for process management and CRM. The capital investment was 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.
Sayenko Kharenko worked in tight cooperation with the legal advisors from the US and other regions where Creatio operates, assisting Creatio on a wide range of transaction-related matters.
CEO and co-founder of Creatio Katherine Kostereva commented: “This deal represents an important milestone for the company’s strategic growth. We highly appreciate the contribution of the Sayenko Kharenko team that operated as a trusted partner and a valuable member of the transaction team.”
Creatio is a global software company providing a leading low-code platform for process management and CRM. The company combines an intuitive low-code platform, best-in-class CRM and a robust BPM in a single solution to accelerate sales, marketing, service and operations for mid-size and large enterprises. Creatio is highly recognized as a market leader by key industry analysts and together with hundreds of partners, operates in 110 countries worldwide.
Partner Oleksandr Nikolaichyk led the project and Sayenko Kharenko’s multi-practice team and supervised the corporate and M&A team led by senior associate Oksana Daskaliuk with support from senior associate Tymur Enkhbaiar, associates Ilhar Hakhramanov, Mykola Lykhoglyad, Tetiana Dyvak and Angelina Danileyko. Partner Yaroslav Ognevyuk and senior associate Pavlo Kovalchuk assisted on IP matters. Partners Vladimir Sayenko and Valentyna Hvozd, senior associate Igor Pomaz and associate Snizhanna Sheshliuk assisted on merger clearance and competition law matters. Partner Svitlana Musiyenko and senior associate Anton Kerimov-Varanytskyi assisted with tax matters.