New York-based private investment firm Aquiline Capital Partners (Aquiline) is to become a significant shareholder in VirtusLab, a software development and consulting company based in Poland. VirtusLab specialises in cloud-native, reactive systems, data science, data engineering and front-end development to enterprise customers globally.
Financial terms of the transaction, which will see existing management roll a portion of their equity stake and maintain ownership in the company, have not been disclosed. Founder and CEO, Rafal Pokrywka will continue to lead the business, along with CTO, Pawel Dolega and COO, Tomasz Orzechowski.