IT INVESTMENT ADVISORY · UKRAINE

Investing in success.

FinStar is a group of IT entrepreneurs who have been founding and growing IT companies in Ukraine for more than 30 years. We help investors find and check a company before signing, and help owners prepare for a sale or for raising money.

WHO WE ARE

We founded and grew IT companies ourselves, and made our own mistakes along the way.

That is why we know where an IT company hides problems that reports do not show. Dependence on one person. Unassigned rights to the code. A client who brings in half of the revenue. Now that almost every company talks about artificial intelligence, this experience helps tell a product from a pitch deck.

WHO WE WORK FOR

We work with both sides of a deal. In any one deal, with one side only.

01FOR INVESTORS

You want to buy an IT company or invest in one.

We find candidates that match your criteria, check the company and its AI product before the deal, and help with the terms and the first months after the purchase.

Services for investors ↗
02FOR IT COMPANY OWNERS

You want to sell the company or bring in an investor.

We show you the company through a buyer’s eyes and help sort out code rights, contracts and finances before negotiations start.

Services for owners ↗

HOW WE WORK

Four steps from the first conversation to the deal.

After each step you receive a document and decide for yourself whether to continue.

  1. 01

    Conversation

    We work out what you want to buy or sell, on what timeline and for what money. We sign a non-disclosure agreement.

    A letter with the task, timeline and cost
  2. 02

    Review

    We look at the finances, clients, the code and the rights to it, the team and the AI component. We talk to the key people.

    A report: what is good, what is bad and how it affects the price
  3. 03

    Deal terms

    We turn findings into terms: price, warranties, staged payments, obligations of the parties before closing.

    A list of terms for the lawyers
  4. 04

    After the deal

    The first 100 days: reporting for the investor, keeping key people, joining up systems.

    A 100-day plan

SERVICES

Five tasks people bring to us.

All services ↗

COMPANIES WE WORK WITH

Different IT companies raise different questions in due diligence.

This is what we look at first. The exact scope of a review depends on the deal.

01

Outsourcing and service companies

How many clients the revenue depends on, how AI is changing demand for developer hours, whether the team stays after the sale.

02

Product companies and SaaS

Whether recurring payments are growing, how many clients leave each year, what it costs to win a new one.

03

AI startups

Own data or a layer on top of someone else’s model, the cost of serving a client, rights to training data.

04

Fintech

Regulator licences, protection of client data, reliability of the payment infrastructure.

05

Government and regulated systems

Information security requirements, dependence on government contracts, who owns the code after the contract.

06

Software integrators and distributors

Vendor agreements, partner statuses, margin on licence resale.

AFTER THE DEAL

Reporting the investor sees every month.

If the company lacks accounting or clear reports after the purchase, we implement Intecracy Group systems. Only where they are really needed.

Explore solutions ↗

ARTICLES

What to know before an IT deal.

All articles ↗

QUESTIONS

What people usually ask at the first meeting.

Select a question to reveal the answer.

How are you different from consulting firms?

We are IT people ourselves. We founded and grew IT companies, so we speak the same language as developers and owners. And we know where to look for problems, because we had some of them ourselves.

Do you work for the investor or the owner?

For both, but in any one deal for one side only. If we see a conflict of interest, we say so before the work starts.

How long does a company review take?

It depends on the size of the company and how ready the documents are. We give the timeline after the first conversation.

How much does it cost?

The cost depends on the scope of work. We name it after the first conversation, before the work starts.

How do you check whether the AI in a product is real?

We look at what the product does without an external model, which data the company owns and how model costs grow with the number of clients. We talk to the developers, not only to management.

Why are code rights a separate issue?

Many developers in Ukrainian IT companies work as sole proprietors (FOP). If their contract does not assign the rights, the code may legally not belong to the company. It is better to find this before the deal.

FIRST CONVERSATION

Tell us which company you are buying or selling.

Describe the deal in a few sentences. After the first conversation you will receive a letter with the task, timeline and cost.

Discuss a deal ↗