Deal Announcement: iLink Digital and Dazeworks

11^th March 2021 | Press Release

iLink Digital, a global software solution provider and systems integrator, recently announced its acquisition of majority stake in Dazeworks, a Platinum Consulting Partner with Salesforce offering development, implementation, and architectural guidance to SMBs and large enterprises across verticals.

SA Global Advisors, a leading M&A advisory firm to companies in the Digital and Technology ecosystem is pleased to announce another successful transaction, serving as an exclusive advisor to iLink in this acquisition process. Commenting on the acquisition, iLink Group CEO Sree Balaji said, “iLink Digital is focusing on growth acceleration this year. SA was able to leverage their deep experience in this sector and identify a strong Salesforce specialised
company for us to partner with and enter expand our Salesforce footprint, as part of our inorganic strategy. In our journey with SA as our advisor and partner, we find their M&A process, reach and business alignment invaluable.”

While Salesforce, with its evolving platform and functionalities, is one of the most popular choices for organizations to transform and grow their businesses by increasing efficiency and productivity, business leaders suggest the real challenge lies in its implementation. Therefore, companies have been investing in the services of specialized Salesforce partners to leverage their expertise and experience. This continues to fuel demand and opportunities in Salesforce capabilities and the innovation required for companies to maintain their strategic advantage.

Shivanath Devinarayanan, CEO of Dazeworks, said, “With the vast experience, knowledge, and complementary facets of Digital Transformation technologies that the iLink team brings in, we believe this powerful partnership will help us achieve our combined goals and emerge stronger. We have SA to thank for their expertise and their ability to see value in our specialised approach within the Salesforce industry and conduct the process with utmost transparency and fairness.”

This transaction highlights SA's focus and role as a trusted M&A advisor and partner to companies looking for accelerated growth in the rapidly evolving Salesforce ecosystem.

Pravin Advani, Managing Partner, and Co-founder, SA Global Advisors said, "We are delighted to bring this transaction to a successful conclusion, as the alignment between iLink and Dazeworks was evident at a very early stage. We see an increased investment interest in the Salesforce ecosystem from Digital Transformation, IT consulting and Managed Services players complemented by mid-market private equity players. We see a race to accelerate the adoption of cloud and multi-cloud technologies to fuel Digital Transformation, where Salesforce continues to be a dominant force.”

For more information, please visit www.ilink-digital.com or https://dazeworks.com/.

About iLink Digital

iLink Digital, a CMMI Level 3 and ISO 9001:2008 Certified Global Software Solution Provider and Systems Integrator. iLink delivers next-generation technology solutions to help clients solve complex business challenges, improve organizational effectiveness, increase business productivity, realize sustainable enterprise value, and transform businesses. iLink integrates software systems and develops custom applications, components, and frameworks on the
latest platforms for IT departments, commercial accounts, application services providers (ASP), and independent software vendors (ISV). iLink’s solutions are used in a broad range of industries and functions, including healthcare, insurance, telecom, government, oil and gas, education, and life sciences. For more information about iLink, visit https://www.ilinkdigital.com.

About Dazeworks

Established in 2015, Dazeworks is a Platinum Consulting Partner with Salesforce offering development, implementation, and architectural guidance to SMBs and large enterprises across verticals. Their expertise includes app development, integration with Salesforce.com, and migration to Force.com as well as Salesforce.com services such as dedicated
administrators, customization, data integration, and support services. They configure and customize across the product suite including Sales Cloud, Service Cloud, Community Cloud, Marketing Cloud, Pardot, Einstein Analytics, FSL, CPQ, and Lightning. Their team of Salesforce certified developers, consultants, and architects is spread out across India, Sri Lanka, the USA, UK, Canada, and UAE. For more information about Dazeworks, visit https://dazeworks.com/

About SA Global Advisors

SA Global Advisors (SA) is a leading global investment banking firm focused exclusively on investments and M&A transactions in the Technology, Media, and Telecom (TMT) sectors. Our core focus is envisioning and executing strategic transactions to transform the growth trajectory of mid-market companies ($5m to $100m Revenue) in the Digital Transformation, Artificial Intelligence, and Data Analytics, Cloud Technologies, Product Engineering, IT
Consulting, and Managed Services sectors.

Media contact:
Vibhuti Sharma
[email protected]