12 October 2025
LONDON (Oct. 13, 2025) – Da Vinci Capital portfolio company Noventiq – a leading global provider of digital transformation and cybersecurity solutions – today announced a significant equity investment from Niobrara Capital, a U.S. private equity firm focused on technology and enterprise services.
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.
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 $500 million of assets under management. Major exits include B2B-Center, EPAM Systems (NYSE: EPAM), and LoopMe (partially acquired by Mayfair Capital Partners). Da Vinci Capital’s other portfolio investments include custom software developer DataArt and Dubai based brokerage IStar Capital.
Niobrara Capital Partners is a U.S. private equity firm focused on business to business technology investments. With decades of experience leading and scaling global technology businesses, Niobrara partners with high growth companies to deliver strategic guidance, hone operational excellence, and create long term value.
Noventiq Holdings PLC is a leading global provider of digital transformation and cybersecurity solutions. With more than $2.2 billion in annual turnover and operations in over 60 emerging growth markets, Noventiq connects people and technology, boosting its customers’ efficiency, resilience and innovation.