Novistra Capital is pleased to announce that it served as exclusive financial advisor to NetServ on its acquisition by Accion Labs, a TA Associates portfolio company and global leader in digital engineering and innovation services.

NetServ — comprising NetServ Applications (US) and SM NetServ (India) — is a leading product engineering and business intelligence firm serving enterprise clients across the insurance, hi-tech, healthcare, and life sciences sectors. By combining Accion’s strengths in digital platforms, generative AI, and automation with NetServ’s proven capabilities in product engineering and data-driven solutions, the combined platform will deliver enhanced scale, faster delivery, and greater value for clients worldwide.

NetServ’s professionals in 110+ professionals in Bangalore will complement Accion’s team of over 4,200 engineers, deepening the firm’s global delivery operations. The acquisition expands Accion’s presence in Bangalore, Denver, and Atlanta, and strengthens its leadership in innovation engineering. NetServ will continue to operate as an independent unit within Accion Labs, adding domain expertise across insurance, hi-tech, healthcare, and life sciences.

Pankaj Arora, Managing Director at Novistra Capital, commented:
“This transaction underscores the strong demand we continue to see for high-quality product engineering and data services capabilities. NetServ’s depth of expertise and established client base made it a highly attractive partner for Accion Labs. We are delighted to have advised the NetServ team in achieving this strategic outcome.”

About NetServ
NetServ, headquartered in Bangalore, specializes in end-to-end software product engineering that helps enterprises design, build, and sustain their core products. With a team of more than 110 professionals, the company serves leading clients across insurance, technology, healthcare, and life sciences.

About Accion Labs
Accion Labs has been recognized among Pittsburgh’s Fastest-Growing Companies by the Pittsburgh Business Times and as a Leader in Innovation by Smart Business Magazine. The firm is also recognized by ISG, Everest Group, Zinnov Zones, and HFS for its leadership in generative AI, software product engineering, and engineering R&D.

About Novistra Capital
Novistra Capital is a global investment banking and advisory firm with offices in New York, London, New Delhi, and Bangalore. The firm specializes in cross-border M&A, private capital raising, and strategic advisory across Technology & Services, Education, Healthcare, Hospitality, and Media & Events.