French rewards and benefits leader Up Group acquires controlling stake of Stebby to further Baltics benefits program
The largest pan-Baltic employee wellness benefit platform, Stebby, will join forces with Up Group. This transaction will provide an exit for Livonia Partners, while the management will continue to run the company together with the new partner. Livonia Partners, along with the management team Kristjan Novitski, Erik Oja and Egon Orav invested in Stebby in 2022.
Livonia invests in Telema to help further company's growth
Livonia Partners has invested in Telema, a regional leader in the electronic data interchange market. The investments helps the company transform to a new form of ownership and advance its already impressive product suite.