Noventiq Receives Equity Investment from Niobrara Capital
Noventiq, a global provider of digital transformation and cybersecurity solutions, has secured an equity investment from Niobrara Capital, announced in a press release. The U.S.-based private equity firm focuses on technology and enterprise services and holds an option to increase its investment in the company.
The deal was facilitated by Da Vinci Capital, which also participated in an earlier financing round with other investors including Broadreach Group. Niobrara Managing Partner Paul “Chip” Schorr and Da Vinci Capital Managing Partner Dennis Fulling both highlighted the firms’ collaboration and plans to accelerate Noventiq’s growth.
Noventiq intends to use the new capital to support organic growth and pursue international expansion opportunities. The company recently appointed Torgrim Takle as CEO. Takle previously led Crayon Group, where he oversaw multiple acquisitions and significant market capitalization growth.
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