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3yrs ago Private Equity privateequitywire Views: 336

Innova Capital to support STX Next in its mission to digitalise the economy

Submitted 21/10/2020 - 10:03am

STX Next, a European software house specialising in Python software development, which supports international clients in their digital transformation, has acquired a new investor – a private equity fund advised by Innova Capital. 

The parties have not revealed the transaction value.

 
"The global market for new generation IT services is large, and its growth is driven by the increasing number and complexity of customers' needs associated with their digital transformation," says Michał Wojdyła, Managing Director at Innova Capital. "In such an ecosystem, success on a bigger scale can be achieved by businesses and teams that are able to differentiate themselves, and then best identify and meet those needs. 

"STX Next, thanks to its scale and experienced team, is one of the best platforms in the region, capable of further dynamic development and expansion of services. The company's growth trajectory is impressive, and I believe that Innova Capital's commitment will contribute to new spectacular wins for STX Next." 

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