Euvic Ukraine raises $4.58Mn for acquisitions, growth
HELSINKI, FINLAND — 3TS Capital Partners’ TCEE Fund IV has led a €4 million (approximately US$4.3 million) investment in Euvic Ukraine, backing acquisitions, company integrations, and international expansion across the United States, United Kingdom, DACH region, and Scandinavia.
According to a report from CEO Magazine Poland, the Ukrainian IT services group — a subsidiary of Polish technology firm Euvic S.A., founded in September 2023 — operates six portfolio companies and employs more than 400 IT professionals generating revenue almost exclusively from foreign enterprise clients.
3TS Capital backs Euvic Ukraine’s global IT expansion
The investment gives 3TS Capital Partners a significant minority stake; Euvic Ukraine projects roughly $20 million in 2026 revenue, sourced almost entirely from foreign clients.
The six portfolio companies deliver software development and digital services to enterprise clients across the U.S., UK, DACH region, and Scandinavia. The group aims to triple its scale within two years to become one of Ukraine’s largest IT services firms.
“Euvic Ukraine attracted our attention through its unique combination of high-quality technology capabilities and its ability to provide specialised IT services to highly demanding clients in the United States and Europe,” said Zbigniew Łapiński, Senior Partner at 3TS Capital Partners.
Capital fuels Euvic Ukraine’s acquisition and integration plan
Euvic S.A., the Polish majority shareholder, founded Euvic Ukraine in September 2023 to consolidate Ukrainian IT companies serving Western enterprise clients.
3TS specializes in backing engineering-led technology companies from Central and Eastern Europe, a strategy aligned with Euvic Ukraine’s regional IT consolidation model. Euvic Ukraine derives nearly all of its projected 2026 revenue from U.S. and European enterprise clients, reducing exposure to regional market risk.
“We see the entry of a financial investor into the Euvic Ukraine project as a significant vote of confidence in the direction we have chosen. It provides crucial support for our acquisition and integration plans,” said Łukasz Czernecki, President of Euvic Ukraine.
Ukraine’s IT services sector has positioned itself as a nearshore option for Western enterprise clients, with engineering depth and competitive costs sustaining demand.
Euvic Ukraine’s model — consolidating Ukrainian IT boutiques under a single delivery platform — illustrates how talent aggregation in Eastern Europe can build global outsourcing reach and scale without greenfield investment.
The 3TS Capital Partners backing signals institutional confidence that demand for Central and Eastern European IT outsourcing is structurally durable.
