Novistra Capital advises OSQuay on its acquisition by iLink Digital

Novistra Capital, a London and New York based boutique M&A advisory, is pleased to announce that OSQuay, a leading OutSystems partner providing low-code services, has been acquired by iLink Digital, a global digital transformation solutions provider.

Headquartered in Lisbon, Portugal, OSQuay is a provider of high-performance low-code digital transformation services on the OutSystems platform. Founded in 2018, it is now recognised as one of OutSystems’ leading service partners.

iLink Digital is a global software solutions provider and systems integrator, delivering next-generation technology solutions across a broad range of industries including healthcare, insurance, telecom, government, oil and gas, education, and life sciences.

This transaction demonstrates continued high demand for businesses offering low-code and low-code related services across different geographies.

Bernardo Simoes, CEO at OSQuay, commented: “Throughout the course of this process Novistra have proven themselves to be invaluable. Highly knowledgeable, especially around the nuances of selling an IT services business, whilst at the same time offering a highly personable service. The best advisors in the trade – would definitely recommend them!”

Ash Mittel, Managing Director at Novistra Capital commented: “We are delighted to have advised OSQuay on its sale to iLink. Both companies share tremendous commercial and cultural synergies and this transaction will enable them to provide their customers with a more holistic view of their digital transformation roadmap, whist continuing to leverage their deep low-code expertise. It has been a pleasure working with Bernardo and the management team and we wish them every success in their exciting new chapter.