INVL Technology, a company that invests in IT businesses, decided to terminate the contract with the Zurich branch of Corum Group’s Luxembourg-based unit Corum Group International on intermediary services in the divestment of INVL Technology’s portfolio companies on 17 July 2025. Certain terms of the agreement will remain in force for a 12-month tail period.

“Notwithstanding the challenging economy and ongoing stagnation of B2B technology companies in Europe, the US and Canada, resulting in a less-than-ideal situation in the market for divesting businesses, we have interested parties, and we are continuing the sale process. We decided to terminate the contract with our current investment advisor in order to be able to explore other divestment possibilities. We are not halting the process and Corum Group will complete negotiation processes with the parties that have expressed interest in the portfolio companies. INVL Technology will seek for other exit opportunities,” says Kazimieras Tonkūnas, the Managing Partner at INVL Technology. “The portfolio companies are performing well, their results will be reflected in the report for the first half of the year which we will publish at the end of August.”

INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company.

INVL Technology owns and manages the cybersecurity company NRD Cyber Security, the GovTech company NRD Companies, and the Baltic IT company Novian.

The shares of INVL Technology are traded on the secondary list of the Nasdaq Vilnius stock exchange (INC1L).