December 2025
United States, India & United Kingdom
Novistra Capital advises Yexle on its sale to IGT Solutions, an EQT portfolio company
Acquired by
A portfolio company of
Client
Yexle
Deal Type
Sell-Side M&A
Deal Team
Ash Mittel
Managing Director
Radima Khatataeva
Vice President
Client Description
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.
Approach
Yexle engaged Novistra Capital as their exclusive sell-side advisor. The company had enjoyed strong growth since being founded in 2020, and the shareholders saw an opportunity to accelerate this growth by partnering with a larger strategic.
Outcome
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.
“ Team Novistra has been brilliant, showcasing our differentiators and resolving complex issues with expertise and professionalism. Ash and Radima guided us seamlessly from start to finish with personal care. Choosing Novistra as our banker was one of the best decisions, delivering an outcome significantly beyond our initial expectations.”
Vijay Poondy
Managing Director, Yexle
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