Aquiline, founded in 2005, is a private investment firm based in New York and London investing in companies across financial services and technology, business services, and healthcare industries. The firm has $7 billion in assets under management.
VirtusLab reached the level where we have multiple locations in Poland, UK and Germany. We are not stopping there and with the help of Aquiline as our investor, we are making another quantum jump into higher energy levels. The partnership will be used to further accelerate organic growth through the attraction and retention of top-tier talent, strengthen VirtusLab’s R&D department focused on software development efficiency, and acquisitions to expand the scale and reach.
Our existing management will roll a portion of their equity stake and maintain ownership in the company.
We are excited by our new partnership and look forward to working with Aquiline to leverage their unique expertise in helping companies like ours scale. VirtusLab’s ambition is to become the best, leading software technology company operating globally with development centers in Poland and other European countries. Our platforms and proprietary software represent leading innovations in our space and the investment from Aquiline leaves us well poised for growth amidst accelerating customer demand. Their support also comes at a crucial time when competition for talent has reached an all-time high.
Rafał Pokrywka, CEO of VirtusLab
Rafal and the VirtusLab team have built an excellent platform with exceptional development talent and a strong customer base. We look forward to working together to accelerate growth and build a global leader.
Vincenzo La Ruffa, president of Aquiline Capital Partners
We will maintain the highest level of our services. This partnership is to help our whole company grow and become the leading software company.