Novistra Capital is pleased to announce that it has acted as the exclusive financial advisor to Yexle Limited, a UK-headquartered, Appian-focused digital transformation and low-code specialist, on its acquisition by IGT Solutions, an EQT Group company.

Founded in London and operating across the US, India, and Australia, Yexle provides deep capabilities in AI-driven transformation, process orchestration, case management, and low-code automation. As a premier Appian partner, the company has built a strong reputation for delivering scalable, high-quality implementation and managed services to global enterprises.

The acquisition will see Yexle integrated into IGTx, the digital transformation arm of IGT Solutions, enhancing IGT’s technology-led services and accelerating its expansion in the rapidly growing low-code and AI-powered automation market. Yexle’s capabilities will strengthen IGT’s offerings across key sectors including Banking and Financial Services, Insurance, and Travel, Transportation & Hospitality, enabling clients to streamline operations, modernize workflow systems, and accelerate enterprise AI adoption.

Vijay Poondy, Managing Director of Yexle, commented:
“Team Novistra have been nothing but brilliant. Their passion, depth of knowledge, and extensive experience in orchestrating complex transactions were evident throughout the process. They helped us clearly articulate our differentiators, anticipate issues, and resolve challenges in a timely and thoughtful manner. Ash and Radima guided us with utmost professionalism, demonstrating not only technical excellence across all aspects of M&A, but also a genuine personal care for the Yexle team. As an investment bank, they advised, prioritised, negotiated, and managed the transaction to ensure a positive outcome for all stakeholders. This has been both a fruitful result and a tremendous learning experience.

The two best decisions I made were appointing Novistra as our banker and choosing IGT as our partner from multiple offers. It has been a pleasure working with the Novistra team, and I look forward to collaborating again in the future. I would strongly recommend any organisation involve an investment bank like Novistra in their M&A process.”

Ash Mittel, Managing Director at Novistra Capital, said:
“We are delighted to have advised Yexle on its sale to IGT. Yexle has been on an impressive growth journey, and this partnership will unlock strong opportunities and synergies as they enter their next chapter. It has been a pleasure working with Vijay and the Yexle leadership team, and we wish them continued success. As the market continues to evolve amid rapid AI adoption, we see sustained investor interest in low-code and automation-focused technology services businesses with strong growth fundamentals.”

The transaction reinforces Novistra Capital’s track record of advising technology-enabled services businesses on complex, cross-border M&A transactions with both strategic buyers and leading financial sponsors. Novistra’s Tech & Services practice continues to support digital transformation firms globally, helping founders and investors navigate competitive processes and achieve strategic outcomes.

About Yexle
Yexle is a UK-headquartered global digital transformation company specializing in Appian-led low-code development, AI-driven automation, and enterprise workflow optimisation. With delivery teams across the US, India, and Australia, Yexle supports clients across financial services, insurance, healthcare, and technology.

About IGT Solutions
IGT Solutions is a global technology services and customer experience provider serving over 90 leading enterprises. With 25,000+ experts across 31 delivery centres in 13 countries, the firm offers digital transformation, systems integration, data and analytics, AI/ML, GenAI-enabled solutions, intelligent automation, and comprehensive BPM services.

About Novistra Capital
Novistra Capital is a boutique investment bank with offices in New York, London, Dubai, New Delhi, and Bangalore. The firm provides M&A advisory, capital raising, and strategic advisory services with deep expertise across Tech & Services, Education, Financial Institutions, Healthcare, Media & Events, and Hospitality.