EOS Capital Partners and Latsco Family Office Invest in the Next Chapter of Nova ICT.
EOS Capital Partners, through EOS Hellenic Renaissance Fund II, and Latsco Family Office announce their joint acquisition of a 30% equity stake in Nova ICT, one of Greece’s fastest-growing providers of digital applications and integrated ICT solutions. The new shareholder structure also includes Ireon Technologies Limited, a subsidiary of Motor Oil Group, which, together with the existing principal shareholder, creates a strong shareholder partnership to support the company’s next phase of growth in Greece and across Europe.
Nova ICT is one of Greece’s leading technology systems integrators, with a highly experienced management team, consistent growth trajectory and proven ability to deliver complex digital transformation projects for both the public and private sectors. The company has developed a differentiated business model that enables it to compete successfully in both the Greek and European markets. Today, Nova ICT is actively involved in projects across Healthcare, Defence, Civil Protection, Archive Digitisation, Utilities, Smart Cities, Culture and Tourism. A cornerstone of the company’s strategy is the development of a broad ecosystem of leading international technology providers and specialised partners, enabling Nova ICT to design and deliver tailor-made solutions that address the specific requirements of each project.
Alongside its strong position in the domestic market, Nova ICT has consistently pursued an outward-looking growth strategy by expanding its participation in European programmes and cross-border digital transformation projects. This international orientation, combined with continuous investment in technological expertise and human capital, provides a strong foundation for the company’s next stage of growth, supported by Motor Oil, EOS Capital Partners and Latsco Family Office.
Nicholas Chryssanthopoulos, Senior Partner of EOS Capital Partners, stated:
“Nova ICT stands out for the quality of its management team, its international outlook and the distinctive business model it has developed. Its ability to design and deliver complex technology solutions through a strong network of international partners has enabled the company to establish a unique position in the market. Nova ICT has the right DNA to further strengthen its presence both in Greece and across European markets, and we are delighted to partner with the management team, the Motor Oil Group and Latsco Family Office as the company embarks on its next phase of growth.”
Nikolaos Voutychtis, Chief Investment Officer of Latsco Family Office, stated:
“Latsco Family Office’s investment in the next chapter of Nova ICT reflects our strategy of investing in sectors that can play a transformative role in the future of the Greek economy. Today’s development is the natural continuation of an already successful equity partnership established over the past two years between Nova ICT and Latsco Family Office in the development of cutting-edge software of critical infrastructure powered by artificial intelligence. The further strengthening of this strategic relationship through our investment in Nova ICT’s share capital represents an exciting opportunity. Together with EOS Capital Partners and Nova ICT’s outstanding management, we look forward to supporting the company’s long-term growth, seeking to realise its full potential.”
Alexandros Bregiannis, Chief Executive Officer of Nova ICT, who will continue in his role following the transaction, stated:
“We are delighted to welcome EOS Capital Partners, Latsco Family Office and Ireon Technologies Limited as new shareholders of Nova ICT. This partnership provides us with resources and strategic support to bridge the gap between increasingly complex customer needs, rapid technological advancement and innovative business models, enabling us to deliver sustainable growth and digital excellence to our clients. The participation of such highly respected investors is a strong endorsement of our strategy, our people and the significant opportunities that lie ahead for Nova ICT. Their support further strengthens our governance, enhances our strategic capabilities and provides the financial backing needed to accelerate our growth and continues leading the digital transformation of both the public and private sectors. With these strong partners by our side, we move forward with even greater confidence and ambition, committed to setting new standards of innovation and creating long-term value for our customers, our people and our stakeholders.”
