Innovacorp Exits Kivuto; 12X Return

Innovacorp has exited from an investment it made last century, booking a return of 12 times in the process.
The Nova Scotia government’s venture capital and innovation agency said Friday that its portfolio company Kivuto Solutions Inc. has been sold in a private equity deal. No information on the price was released, but Innovacorp Vice-President of Investment Charles Baxter said in an interview