Trigon advised Novaturas Group, the largest tour operator in the Baltic region by turnover and by PAX sold with market share of 44% in 2017, on its Initial Public Offering on the Warsaw Stock Exchange and NASDAQ OMX Vilnius. Novaturas is a portfolio company of private equity firm Enterprise Investors, which partly exited its investment in the IPO. In total, 2 104 648 shares (27% of share capital) were placed with investors at an IPO price of EUR 10.50 per share. The deal value amounted to EUR 22.1 million.
Over 90 delegates from IMAP member firms representing 32 countries congregated in Miami on October 25th - 27th for IMAP’s 2018 Fall conference. The conference was hosted by Falls River Group, IMAP’s partner firm in Florida, and was set around the theme of ‘Disruptive Innovation’.