Noventiq, a leader in digital transformation and cybersecurity solutions, announced that it has secured a significant equity investment from Niobrara Capital, a U.S.-based private equity firm focused on technology and enterprise services.
The transaction deepens Noventiq’s relationship with Da Vinci Capital, a leading emerging markets private equity manager that has been a long-standing investor in the company.
In addition to facilitating the negotiations for Niobrara’s investment, Da Vinci Capital vehicles also participated in an earlier financing round, joining other institutional investors such as Broadreach Group. The deal reflects continued investor confidence in Noventiq’s trajectory and in the growing global demand for digital transformation and cybersecurity solutions. Niobrara Capital also retains an option to increase its investment over time.
Niobrara Capital has a strong track record in scaling global enterprise technology platforms, and its partnership with Noventiq is expected to accelerate growth through strategic guidance and operational expertise. The collaboration marks another milestone in Noventiq’s expansion strategy, coming as the company continues to build its global presence across more than 60 markets.
Along with announcing the investment, Noventiq recently appointed Torgrim Takle as CEO. Takle brings more than two decades of leadership experience in international technology companies, including his tenure as CEO of Crayon Group, where he oversaw over 15 acquisitions and helped drive a tenfold increase in market capitalization following its IPO. Notably, Niobrara Capital’s founder, Paul “Chip” Schorr, was the largest investor in Crayon Group during that time, further aligning the leadership vision for Noventiq’s next phase of growth.
Da Vinci Capital, which manages more than $500 million in assets, focuses on building world-class portfolio companies in emerging markets through strategic advisory support, governance enhancements, and transaction expertise. Its institutional backing includes investors such as 57 Stars, Adams Street Partners, and the European Bank for Reconstruction and Development. Past portfolio successes include exits from EPAM Systems, B2B-Center, and LoopMe.
KEY QUOTES:
“Our firm has worked alongside Da Vinci Capital for many years. We are excited to partner with the investment consortium and Noventiq management to drive growth and expand service offerings.”
Paul “Chip” Schorr, Managing Partner, Niobrara Capital
“We are thrilled to partner with Niobrara Capital, which has an exceptional track record in enterprise technology platforms, to turbocharge Noventiq’s business. Niobrara Capital’s investment validates our longstanding relationship with Noventiq, which is one of Da Vinci Capital’s most promising portfolio companies.”
Dennis Fulling, Managing Partner, Da Vinci Capital, and Noventiq Board Member
