Lisbon, Dec 12, 2022 – iLink Digital, a leading software solutions provider, announced the acquisition of OSQuay, a provider specializing in delivering high-performance low-code digital transformation services, and ITUp, a leader in technology training focused on low-code platforms. The transaction took place under the guidance of Novistra Capital, a boutique M&A advisory.
Through this transaction, iLink will leverage the skills, experience, and expertise within OSQuay and ITUp to expand its vast solutions portfolio with low-code capabilities as an accelerator of Digital Transformation initiatives, particularly on the OutSystems Platform. "We are confident that both OSQuay and ITUp's understanding and experience working with the low-code platform leader—OutSystems— will accelerate and empower all Digital Transformation efforts," says Sree Balaji, Co-Founder, and CEO at iLink Digital. "With the low-code market exponentially growing, we will have the advantage of gaining deeper expertise in one of the fastest expanding technology trends ever. The leaders at both companies share our motivation to grow rapidly and sustainably, and we're thrilled to work alongside them," says Sree Balaji.
"We are proud to partner with iLink Digital and look forward to working alongside their great and experienced team to enable and guide our customer's digital transformation initiatives," says Bernardo Simões, CEO at OSQuay.
OSQuay was founded in 2018 by former OutSystems employees and, throughout its journey, has helped dozens of customers successfully embrace and accelerate their digital transformation. They have worked with organizations worldwide—amongst others in the US, Middle East, and Australia—to deliver innovative, complex, and enterprise-grade solutions.
Luís Campos, CEO and Co-Founder at ITUp, said, "We are delighted to join forces with iLink Digital. We were impressed by their sustained but fast growth and how they keep true to the company's values, and culture, in their mission to be a comprehensive digital transformation hub for businesses across all industries."
ITUp was founded to close the low-code ecosystem's skills gap, primarily specializing in the OutSystems Platform. To date, ITUp has trained and certified over four thousand professionals globally.
The deal was brought by Novistra Capital, a boutique advisory providing growth advice and support to companies looking to maximize shareholder value through M&A and private equity financing. Ash Mittel, Managing Director at Novistra, commented: "We are delighted to have advised on the sale of OSQuay and ITUp to iLink Digital. These businesses share strong commercial synergies and cultural values, and this transaction will offer a great opportunity to build on the strong foundation they have established for both businesses and realize their growth potential."
About iLink Digital
iLink Digital is a CMMI Level 3 and ISO 9001:2008 Certified Global Software Solution Provider and Systems Integrator. We deliver next-generation technology solutions to help our clients solve complex business challenges, improve organizational effectiveness, increase business productivity, realize sustainable enterprise value, and transform businesses. iLink recently received the 2022 Microsoft US (MSUS) Partner Award. Our digital transformation solutions are used in a broad range of industries and functions, including healthcare, insurance, telecom, government, oil and gas, education, and life sciences.
About OSQuay
OSQuay is a provider of high-performance low-code digital transformation services specialized in leveraging the OutSystems platform. We assist customers in tackling their business needs with tailored digital solutions for outstanding growth. Our agile approach, expertise, and excellent teams are what sets us apart and allow us to deliver innovative solutions. OSQuay counts over 70 specialized consultants in three locations working with tens of customers in several different industries worldwide. The company’s service portfolio focuses on the full life-cycle of its customers' digital transformation, including Software Delivery, Technology Consulting, Operations, and Optimization.
About ITUp
ITUp is the #1 OutSystems Global Training Partner, delivering academies focusing on reskilling and upskilling and having certified over four thousand OutSystems Professionals worldwide since 2015.
Our unique know-how and relentless commitment to improving our offer allow us to deliver top-notch training to professionals with any level of OutSystems knowledge, both at in-person boot camps or online programs. We have offices in Portugal and Singapore, an international Partner network (USA, Netherlands, Germany, Australia, and South Africa), and proficient instructors, including 6 OutSystems MVPs and 2 OutSystems Champions, with an average of more than 12 years of teaching experience.
