Talk:Novator Partners

BT Group
On 8 July 2017, The Daily Telegraph reported that BT "has called in consultants from McKinsey to conduct a review of its businesses in the hope of saving hundreds of millions of pounds per year. The work, dubbed 'Project Novator', is understood to include a potential merger of BT’s struggling global services corporate networking and IT unit with its business and public sector division". The word Novator is quite widely used so, although Novator Partners is involved in telecoms, there may be no connection. Roberttherambler (talk) 16:40, 10 July 2017 (UTC)

New Draft
I did a new draft of this article containing new information, sources and edits. It's on my sand box I would like an admin to go over it and approve  Notomas2 (talk) 15:10, 13 June 2022 (UTC)
 * This is not a task for administrators. NinjaRobotPirate (talk) 01:47, 14 June 2022 (UTC)
 * Hi, sorry about that. I will open a new request for edit section on this page. Notomas2 (talk) 08:08, 16 June 2022 (UTC)

Entry Update Request (Paid)
I am a paid contributor on behalf of Novator. The current entry is not up to date and we would like to propose an updated version.
 * Specific text to be added or removed:

Novator Partners
Novator Partners LLP is a private equity by Icelandic businessman Thor Björgólfsson in 2004.

Assets
The company specializes in investments in companies based in emerging markets. Industries by which it focuses on include telecommunications, pharmaceuticals, social gaming, financial services and natural resource sectors. Novator alos operates a Private Equity Fund and a Credit Opportunities Fund.

Telecommunications

 * WOM is a telecommunications company based in Chile, founded by Novator in 2015.
 * In February 2021 WOM won a government tender to establish a 5G spectrum in Chile.
 * WOM Colombia is a Colombian telecommunications company, founded by Novator in 2019.


 * In 2015, Novator acquired 100% of (formerly Nextel Chile) in Chile.
 * In 2020, Novator Partners acquired a majority stake in Colombia's Avantel telecommunications company. Chris Banister "el tío WOM" was the initial CEO of "WOM Colombia".  On 22 April 2022, Ramiro Lafarga assumed the role of CEO. In November 2020, Novator announced a $1 billion investment. The sum will be used over five years to bring connectivity to 675 rural locations across Colombia with 8,000 antennae.

Healthcare

 * Touchlight is a London-based biotechnology company founded in 2008 which specializes in Synthetic DNA vector production. Novator led Touchlight’s $125 million funding round to support additional manufacturing capacity, R&D, and growth initiatives.


 * Sidekick Health is a digital healthcare platform based in Iceland that targets chronic and lifestyle disease management. The company partners with pharmaceutical companies and healthcare providers which offer the software to patients.


 * In May 2022, it was announced that Sidekick had raised $55 million in a Series B funding round led by Novator with general partner Birgir Mar Ragnarsson joining Sidekick’s board of directors.


 * Numan is a European subscription service for erectile dysfunction (ED) and men’s wellness/health needs.


 * Novator led Numan’s £10m Series A funding round in October 2020. In September 2021, Novator also participated in the company’s $40 million Series B funding round.

Technology

 * Deliveroo is a British online food delivery company founded by Will Shu and Greg Orlowski in 2013 in London, UK.


 * Novator invested in Deliveroo in 2016.


 * Disruptional is leading the development of next-generation AI and Deep Learning to disrupt the industry.


 * Novator invested in Artificial Intelligence company Disruptional, formerly known as Play Fusion Ltd.


 * REBAG is a New York-based digital platform, founded in 2014, where customers can buy and sell luxury designer handbags.


 * In 2019, Novator led $25 million Series C funding of REBAG enabling it to expand to 30 more stores. Novator also led REBAG’s $33 million Series E funding round in 2021.
 * In 2016 Novator invested in Zwift, a multiplayer online indoor cycling game in Series A funding that reached $27 million. Novator co-led Zwift’s $120 million Series B funding round, alongside Highland Europe, Causeway, True and Novator also participated in its $450 million Series C funding round.


 * In 2018, Novator invested in AppLovin, an internet software and services company, alongside global investment company, KKR.


 * Novator invested in Cazoo, a UK-based online used car buying platform, as part of a £240 million funding round in October 2020.


 * Tier Mobility is a Berlin-based e-scooter rentals company. Tier Mobility raised $40 million in its Series B from investors including RTP Global and Novator. Tier raised a significant Series C funding round of $250 million through existing investors such as Novator, Northzone, Goodwater Capital and White Star Capital. Novator also participated in $200 million Series D funding round alongside other investors such as White Star Capital, Northzone and Speedinvest.


 * Monzo is an online bank based in the UK. In 2020, Novator participated in its £60 million funding round.


 * Bloom & Wild is a London-based start-up that takes a modern and digital approach to buying flowers. In 2021, Bloom & Wild raised $102 million to expand its delivery services across Europe. Novator participated in the funding round. Bloom & Wild raised a further £50 million funding and acquired French rival Bergamotte, backed by investors including Novator.


 * Vela Games is a game studio based in Dublin, Ireland, founded in 2018.


 * In 2021, Ubisoft joined lead investor Novator Capital and existing backer London Venture Partners in a €14.1 million funding round.


 * In August 2019 Lockwood Publishing announced a funding round led by existing investors and new shareholders Novator. The round was led by CCP Games CEO Hilmar Veigar Pétursson. The total amount was not specified.
 * In 2019 Novator, led a $22.33 million funding round to further develop a multiplayer online space colony simulation game called Seed. Novator was joined by Lego Ventures, the investment entity of the Lego brand. Birgir Ragnarson, partner at Novator, was appointed Klang's chairman of the board.

Exited Companies

 * Play is a Polish telecommunications provider founded by Novator in 2007. Play IPO’ed on the Warsaw Stock Exchange in July 2017.Novator sold its remaining stake in Play to Iliad, a French provider of telecommunications services, in September 2021.


 * Turknet is a telecommunications internet service provider. In 2013, the Çelebiler family, which holds minority of shares, acquired 100% ownership of Turknet by purchasing the remaining shares from Novator.
 * Novator acquired a large stake in Polish telecom Netia in 2006. Netia has the second-largest fixed-line network in Poland. Netia and Novator announced that they are going to build a 4th mobile network in Poland. Novator sold 31 % of its stakes in Netia, a Polish fixed-line telecommunication services provider.
 * Novator acquired a large stake in Forthnet, a Greek Internet service provider (ISP). Novator and shareholders Cycladic Catalyst Master Fund and the Foundation for Research and Technology sold 8.1 million shares, or 21% of total share capital, to domestic and overseas investors.
 * Vivacom is the largest telecommunications company in Bulgaria and was founded in 1992.   Novator sold Vivacom shares in 2007.
 * Be* is the first high-speed ADSL2+ technology provider in the United Kingdom. Internet service provider Be* has raised £24.5m to finance a rollout of next-generation broadband services across the UK. Some of the £24.5m was supplied by Novator. Novator backed the management team which launched 24 Mbit services in 2005.
 * CCP is a is a video game developer founded in 1997. It was backed and funded by Novator from 2005 to 2018. Developer Pearl Abyss announced the acquisition of Eve Online studio CCP Games for $425 million.
 * In 2007, Novator bought out other shareholders in Actavis, an Icelandic pharmaceutical company. Actavis acquired the New Jersey-based generic drug company Amide Pharmaceutical for US$500 million in 2005. Actavis acquired Indian research company Lotus Laboratories Novator invested in Actavis in 1999 and exited in 2016.
 * Greenqloud is a cloud computing software company founded in 2010 in Iceland. It was acquired by Netapp in 2017 and Novator exited NetApp in 2017.
 * Verne Global is a UK-headquartered company that provides sustainable data center solutions for enterprise and hyperscalers. Novator founded Verne Global in 2007 and sold it to Digital 9 in 2021.
 * Nova is one of the largest mobile operators in Iceland. Novator made a partial exit in 2017 when it sold 50% of Nova to anchorage-based private equity firm, Pt. Capital.
 * In 2003, Novator acquired a 70% stake in Czech telecoms company České Radiokomunikace for £120m. It owns 39.23% of the shares in T-Mobile Czech Republic a.s. (one of the two largest mobile operators in the Czech Republic). Novator sold the stake three years later for £942m.
 * Novator acquired the largest single stake in Finnish telecom company Elisa in 2005 for around £100m. The stake was later sold in 2007 for £311m.
 * Novator acquired a controlling stake in Finnish telecom Saunalahti.
 * Novator acquired a 65% stake in Bulgarian Telecommunications Company for an undisclosed sum. In 2007 the stake was sold for £855m.
 * It acquired a large stake in Polish telecom P4.


 * An 18.27% stake in the Economic & Investment Bank (EIBank) in Bulgaria, which was previously 100% owned Bulgarian Prime Minister Boyko Borisov's domestic partner Tsvetelina Borislavova.

New section about Novator's Healthcare investments

 * Specific text to be added or removed: Novator led men’s wellness/health service, Numan’s £10m Series A funding round in October 2020 along with other venture capitals. Novator also participated in the company’s $40 million Series B funding round in September 2021.


 * Reason for the change: I am adding new information on one of Novator's healthcare investments. My suggestion is that we add a healthcare section to describe the company's investments in healthcare companies.


 * References supporting change:

https://techcrunch.com/2020/10/13/mens-health-subscription-startup-numan-closes-10m-series-a-funding-round/

https://techcrunch.com/2021/09/13/pandemics-shift-to-remote-wellness-helps-numan-raise-40m-series-b-led-by-white-star/

Notomas2 (talk) 12:40, 23 June 2022 (UTC)


 * DONE - Posted these edits. Edhaves (talk) 07:47, 22 December 2022 (UTC)

Adding new technology section

 * Specific text to be added or removed: Novator invested in British online food delivery company, Deliveroo. Novator invested in Artificial Intelligence company Disruptional, formerly known as Play Fusion Ltd.
 * Reason for the change: I am suggesting that we add this to the Technology section because Novator invested in these tech companies.
 * References supporting change: https://www.sec.gov/Archives/edgar/data/1835856/000110465921022166/tm2038290-2_s1.htm https://techcrunch.com/2022/04/06/nord-security-the-startup-behind-nordvpn-raises-its-first-ever-funding-100m-at-a-1-6b-valuation/ https://www.renaissancecapital.com/IPO-Center/News/79969/Digital-entertainment-SPAC-Ascendant-Digital-Acquisition-II-files-for-a-$30

~ Notomas2 (talk) 10:06, 3 July 2022 (UTC)


 * DONE - edits posted. Added dates and different citations. Edhaves (talk) 07:56, 22 December 2022 (UTC)

Adding Information to Technology Section

 * Specific text to be added or removed: In 2019, Novator led $25 million Series C funding of Rebag, a New York-based digital platform, enabling it to expand to 30 more stores. Novator also led REBAG’s $33 million Series E funding round in 2021.

✅ Duke Gilmore (talk) 23:23, 26 December 2022 (UTC)


 * In 2016 Novator invested in Zwift, a multiplayer online indoor cycling game in Series A funding that reached $27 million.

Already ✅


 * Novator co-led Zwift’s $120 million Series B funding round, alongside Highland Europe, Causeway, True and Novator also participated in its $450 million Series C funding round.

✅ Added to the previous posting. Duke Gilmore (talk) 23:23, 26 December 2022 (UTC)


 * Reason for the change: These are all investments that Novator participated in. These are also technology companies which is why I think there should be a new section for their technology investments.
 * References supporting change: https://techcrunch.com/2019/02/08/luxury-handbag-marketplace-rebag-raises-25m-to-expand-to-30-more-stores/      https://www.forbes.com/sites/sharonedelson/2021/12/15/rebag-raises-33-million-with-funds-earmarked-to-expand-tech-enabled-resale-business/?sh=61501dd44699
 * https://techcrunch.com/2016/11/16/zwift-a-multiplayer-game-thats-making-indoor-athletics-more-social-just-raised-27-million/
 * https://labusinessjournal.com/finance/fitness-app-maker-zwift-secures-450-million/ https://techcrunch.com/2020/09/16/zwift-maker-of-a-popular-indoor-training-app-just-landed-a-whopping-450-million-in-funding-led-by-kkr/

~ Notomas2 (talk) 13:03, 5 July 2022 (UTC)

Adding Information to Technology Section
In 2020, Novator invested in Cazoo, a UK-based online used car buying platform, as part of a £240 million funding round.
 * Specific text to be added or removed: In 2018, Novator invested in AppLovin, an internet software and services company, alongside global investment company, KKR.


 * Reason for the change: Novator participated in these technology company investments and they should be under a technology section.
 * References supporting change: https://mergr.com/kkr-invests-in-applovin https://www.sec.gov/Archives/edgar/data/1751008/000119312521065782/d73804dex21.htm
 * https://www.finsmes.com/2020/10/cazoo-raises-further-240m-in-funding.html                                                                     https://techcrunch.com/2020/10/01/cazoo-the-uk-used-car-sales-portal-raises-another-311m-now-valued-at-over-2b/

~ Notomas2 (talk) 13:09, 5 July 2022 (UTC)

✅ Duke Gilmore (talk) 23:32, 26 December 2022 (UTC)

Adding Information to Technology Section

 * Specific text to be added or removed:

Novator participated in e-scooter rental company, Tier Mobility’s $40 million Series B Round, Series C funding round of $250 million and $200 million Series D funding round.

✅ Duke Gilmore (talk) 23:44, 26 December 2022 (UTC)

In 2020, Novator participated in online bank, Monzo’s £60 million funding round.

✅ Duke Gilmore (talk) 23:44, 26 December 2022 (UTC)

In 2021, Novator participated in digital flower buying platform, Bloom & Wild’s $102 million funding round and a £50 million funding round

✅ Duke Gilmore (talk) 23:44, 26 December 2022 (UTC)


 * Reason for the change: These are all investments that Novator participated in that have not yet been updated on Wikipedia. These are also technology companies which is why I think there should be a new section for their technology investments.
 * References supporting change: https://globalventuring.com/corporate/tier-mobility-takes-series-b-past-100m/
 * https://techcrunch.com/2020/02/21/tier-series-b-2/
 * https://techcrunch.com/2021/10/25/tier-scoots-off-with-first-close-of-its-200m-series-d/
 * https://techcrunch.com/2020/12/02/monzo-the-u-k-challenger-bank-picks-up-additional-60m-in-funding/
 * https://techcrunch.com/2021/01/17/uks-bloom-wild-raises-102m-to-seed-its-flower-delivery-service-across-europe/
 * https://www.uktech.news/news/uks-bloom-wild-raises-further-50m-funding-and-acquires-french-rival-bergamotte-20210728

~ Notomas2 (talk) 15:36, 6 July 2022 (UTC)

Technology section

 * Specific text to be added or removed: In 2021, video game company, Ubisoft joined lead investor Novator Capital in a €14.1 million funding round.

✅ Duke Gilmore (talk) 23:52, 26 December 2022 (UTC)


 * Reason for the change: Ubisoft is a technology company that Novator invested in so it should be under the technology section.
 * References supporting change: https://www.thetimes.co.uk/article/assassins-creed-publisher-ubisoft-arms-dublin-based-vela-games-fhmmf500j

~ Notomas2 (talk) 11:46, 13 July 2022 (UTC)

Exited Companies Section

 * Specific text to be added or removed: (source A) Play is a Polish telecommunications provider founded by Novator in 2007. Play IPO’ed on the Warsaw Stock Exchange in July 2017. Novator sold its remaining stake in Play to Iliad, a French provider of telecommunications services, in September 2021.

✅ Duke Gilmore (talk) 00:18, 27 December 2022 (UTC)


 * (source B) In 2013, the Çelebiler family acquired 100% ownership of Turknet, a telecommunications internet service provider, by purchasing the remaining shares from Novator.

✅ Duke Gilmore (talk) 00:18, 27 December 2022 (UTC)


 * (source C) Netia has the second-largest fixed-line network in Poland. Netia and Novator announced that they are going to build a 4th mobile network in Poland. Novator sold its entire 30.3% stake in Netia in 2009.

✅ Added last phrase and citation Duke Gilmore (talk) 00:18, 27 December 2022 (UTC)


 * Reason for the change: I suggest that we add an exited companies section for Novator's previous investments.
 * References supporting change: (source A) https://www.ft.com/content/1df7f5bc-685f-11e7-8526-7b38dcaef614
 * (source A) https://www.ft.com/content/5f0320a5-a461-48d1-832b-6dc435b782f5
 * (source B) https://www.ft.com/content/3df81788-9823-11e5-9228-87e603d47bdc
 * (source C) https://www.telecompaper.com/news/novator-sells-netia-stake--662376
 * (source C) https://www.reuters.com/article/netia-idUSLB84436620090311

~ Notomas2 (talk) 11:54, 13 July 2022 (UTC)

Exited Companies Section

 * Specific text to be added or removed: (A) Novator and shareholders Cycladic Catalyst Master Fund and the Foundation for Research and Technology sold 8.1 million shares, or 21% of total share capital, to domestic and overseas investors. (B) Vivacom is the largest telecommunications company in Bulgaria and was founded in 1992.  Novator sold Vivacom shares in 2007. (C) Novator participated in, internet service provider, Be's funding round of £24.5m. Novator backed the management team which launched 24 Mbit services in 2005.
 * Reason for the change: I suggest that we add an exited companies section for Novator's previous investments.
 * References supporting change: (A) https://www.commsupdate.com/articles/2007/01/15/forthnets-shareholders-sell-21-stake-in-private-placement/ (B) https://www.broadbandtvnews.com/2007/05/04/btc-stake-finally-sold/ https://www.icelandreview.com/news/novator-sells-btc-aig/ (C) https://www.lightreading.com/services-apps/be-raises-and-163245m/d/d-id/622346

~ Notomas2 (talk) 16:57, 17 July 2022 (UTC)

❌ This request is very unclear (what year, what company, etc.). Please re-write and submit a new request. Duke Gilmore (talk) 00:22, 27 December 2022 (UTC)

Exited Companies Section

 * Specific text to be added or removed: (1) Video game developer, CCP, was backed and funded by Novator from 2005 to 2018. Novator handed over Eve Online studio CCP Games to developer Pearl Abyss for $425 million.

{done}} With changes. Duke Gilmore (talk) 00:37, 27 December 2022 (UTC)

(2) Greenqloud is a cloud computing software company founded in 2010 in Iceland. It was acquired by Netapp in 2017 and Novator exited NetApp in 2017.

{done}} With changes. Duke Gilmore (talk) 00:37, 27 December 2022 (UTC)

(3) Novator founded data center company, Verne Global, in 2007 and sold it to Digital 9 in 2021.

{done}} With changes. Duke Gilmore (talk) 00:37, 27 December 2022 (UTC)


 * Reason for the change: These are all companies that Novator invested in and exited.
 * References supporting change: (1) https://venturebeat.com/2018/09/06/black-desert-online-creator-pearl-abyss-acquires-eve-online-maker-ccp-games-for-425-million/

(1) https://techcrunch.com/2017/10/31/eve-valkyrie-developer-ccp-games-goes-cold-on-vr/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAFTifgANKEiVuoHNpkInw8ZyQWPCWrOWMWjm5dsci0OKArltKe3lxytqnpL8JxPeHkwtO_S8-q8J_t-5ZCBE5dGDlP3mh6Vdynn5LmQPhLsRm-HTiMvXLhnPXUpiOo7QEZErTswpt1luJORFn79ols7ZV2dfYkaUFnhQjOR4l1H8

(2) https://northstack.is/2017/08/28/netapp-greenqloud-memo/

(3) https://www.scientific-computing.com/news/verne-global-acquired-digital-9

~ Notomas2 (talk) 17:36, 18 July 2022 (UTC)

Exited Companies Section

 * Specific text to be added or removed: Novator made a partial exit from Nova, a mobile operator, in 2017 when it sold 50% of Nova to anchorage-based private equity firm, Pt. Capital.

✅ Duke Gilmore (talk) 00:54, 27 December 2022 (UTC)


 * Reason for the change: This is one of the companies Novator invested in and exited.
 * References supporting change:https://www.alaskajournal.com/2016-10-11/arctic-investment-firm-makes-play-iceland-telecom

~ Notomas2 (talk) 15:27, 19 July 2022 (UTC)

@ Notomas2 I just reviewed all the requests above and looked at the article. A few questions/observations 1) The cited references do not match with several of the entries (Klang, both Actavis entries, etc.) 2) Unless we classify Actavis as Healthcare (Pharma), adding a Healthcare section for one company does not make sense 3) Several exits are already in the industry section, creating duplicate entries for a single transaction. How about we simply get all the transactions entered in chronological order, then decide whether to create any categories? Cheers   Duke Gilmore (talk) 02:37, 19 December 2022 (UTC)
 * Chiming in to say that things will go much faster if you create full, proper references. The paragraph of URLs in the first requests does not tell us which source is being used for which claim, and requires that we take the effort to fill out the reference templates (see Citing sources for discussion of how and what to cite, and the section on tools you can use to help make the process easier). At present, these requests are very difficult to fulfill. WhinyTheYounger (WtY) (talk, contribs)  03:16, 20 December 2022 (UTC)
 * Thank you for taking the time to review my submission. For clarification, my previous submissions were two separate versions of the same entry. The first was the new version of the original entry. The second is the amended versions after we were asked to separate to smaller requests. I am happy to work on the one you prefer. After reviewing these again, I understood why the references weren’t good enough, and therefore agree that they should not be included. Thank you for your suggestion of having all the transactions entered in chronological order. It’s a great idea and I will do as you requested. Would it be easier for you if I submit on separate entries or all in one go?   ~ Notomas2 (talk) 12:41, 22 December 2022 (UTC)

@Notomas2 OK, let's try and work through this in bite-size pieces. I deleted the categories and put most of the investments into chronological order. Some of the citations are dead (especially the Invest in Greece link that was used several times) or incorrect - I deleted these citations and added a citation needed template. I tried to implement the requests above (see comments for each). I closed all the edit requests above. Please submit new requests dealing with the citations needed and any other changes. Cheers. Duke Gilmore (talk) 23:05, 26 December 2022 (UTC)