Client
Virrtue
Deal Type
Buy-Side M&A
Deal Team
Ripun Jai Mehta
Managing Partner
Pankaj Arora
Managing Director
Anuj Jaisinghani
Associate Director
Mohit Kamra
Associate
Client Description
Virrtue is a finance and accounting business process services company, and a wholly owned subsidiary of Access Healthcare—one of the largest independent providers of revenue cycle management solutions to the US healthcare industry. Virrtue delivers end-to-end accounting solutions to clients across healthcare, real estate, hospitality, oil & gas, and other sectors in the United States.
Virgate, headquartered in Gloucester, England, is a tech-driven accounting services firm supporting clients across hospitality & retail, leisure & hotels, breweries, manufacturing, and professional services throughout the UK and Europe.
Approach
Virrtue appointed Novistra Capital to advise on a strategic acquisition that would strengthen its service delivery footprint in the UK and Europe. Novistra identified Virgate as a culturally and operationally aligned platform—well positioned to accelerate Virrtue’s international growth.
Through its knowledge of the finance and accounting services landscape, Novistra provided end-to-end support—structuring the transaction, navigating diligence, and managing the cross-border complexities of integrating two growth-stage platforms.
Outcome
Virrtue successfully acquired Virgate, unlocking an immediate scale in the UK and creating a strong foundation for growth across Europe. The partnership brings together complementary capabilities in technology-led accounting, while reinforcing both firms’ commitment to innovation and exceptional client delivery.
The transaction further demonstrates Novistra’s expertise in advising finance and accounting platforms—and its growing track record across the business process services space.
“ Virgate perfectly fits Virrtue’s philosophy of continuous innovation. Leveraging our expertise and best practices, we’ve crafted effective solutions for our varied clients with advanced technology. Joining Virrtue will provide a tremendous boost to our capabilities at this stage of our journey.”
Sarah Travell
Founder and CEO of Virgate
Press Releases

