Da Vinci Capital Portfolio Company Noventiq Secures Equity Investment from Niobrara Capital
Rhea-AI Summary
Da Vinci Capital portfolio company Noventiq announced a significant equity investment from Niobrara Capital on October 13, 2025. Da Vinci Capital vehicles participated in an earlier financing round alongside Broadreach Group, and Niobrara holds an option to upsize its investment. Noventiq said it will use proceeds to support organic growth and pursue strategic international opportunities. The company also appointed Torgrim Takle as CEO, who brings two decades of international tech leadership and prior experience leading 15+ acquisitions at Crayon Group. Statements from Niobrara and Da Vinci emphasize a continuing partnership to expand Noventiq's service offerings.
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News Market Reaction – EPAM
In the Oct 13 session, EPAM gained 3.03%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
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In addition to mediating the negotiation of Niobrara Capital's investment terms, Da Vinci Capital vehicles participated in an earlier financing round alongside other investors including Broadreach Group, underscoring sustained institutional investor confidence in Noventiq's business. Niobrara also holds an option to upsize its investment in Noventiq.
Niobrara Capital Managing Partner Paul "Chip" Schorr said: "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."
Da Vinci Capital Managing Partner and Noventiq board member Dennis Fulling added: "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."
Noventiq plans to use the investment to support ongoing organic growth and pursue strategic growth opportunities internationally.
The company also recently appointed Torgrim Takle as CEO. With more than two decades of experience leading high growth international technology businesses, Takle previously served as CEO of Crayon Group, where he led over 15 acquisitions and oversaw a tenfold increase in market capitalization following its IPO. Schorr – Niobrara Capital's founder – was the largest investor in Crayon Group during his tenure at his prior firm.
About Da Vinci Capital
Da Vinci Capital Management Ltd. is a leading emerging markets private equity manager that builds world class portfolio companies by honing their business and financial strategy; fortifying corporate governance and environmental and social policies; and advising on mergers and acquisitions and capital markets transactions.
Backed by 57 Stars, Adams Street Partners, the European Bank for Reconstruction and Development and other major institutional investors, Da Vinci Capital has over
About Niobrara Capital
Niobrara Capital Partners is a
About Noventiq
Noventiq Holdings PLC is a leading global provider of digital transformation and cybersecurity solutions. With more than
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SOURCE Da Vinci Capital