November 2022
United States & Portugal
Novistra Capital advised OSQuay on its sale to iLink Digital
Acquired by
Client
OSQuay
Deal Type
Sell-Side M&A
Deal Team
Ash Mittel
Managing Director
Tushar Chidamber
Senior Associate
Client Description
OSQuay is a high-performance low-code services provider based in Lisbon, Portugal. Founded in 2018, the firm has quickly established itself as one of the leading OutSystems service partners, known for delivering digital transformation projects at scale through deep technical expertise and agile delivery.
iLink Digital is a global digital transformation and systems integration firm, providing technology solutions across sectors including healthcare, telecom, insurance, government, education, oil & gas, and life sciences.
Approach
OSQuay engaged Novistra Capital to advise on a strategic sale that would enable the company to scale further, expand service offerings, and align with a global platform in digital transformation.
Leveraging its sector depth and transaction experience in low-code and IT services, Novistra positioned OSQuay as a high-value delivery partner with strong market credibility and cultural fit for global buyers. The team ran a high-conviction, hands-on process to manage complexity and preserve founder intent throughout the deal.
Outcome
OSQuay was acquired by iLink Digital, expanding iLink’s global delivery footprint and bolstering its capabilities in low-code digital transformation. The deal reflects the strong commercial and cultural alignment between both firms and strengthens their ability to support enterprise clients on complex transformation mandates.
This transaction adds to Novistra’s growing portfolio in low-code enablement and IT services, reinforcing its position as a trusted advisor to founder-led technology businesses.
“ 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!”
Bernardo Simões
CEO, OSQuay
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