SA Global Advisors advises iLink Digital in its Strategic Acquisition of RPA Specialist InnoWise
07th July 2022 | Press Release
SA Global Advisors ('SA'), a leading M&A advisory firm focused on strategic investments in the Digital and Technology Ecosystem, is pleased to announce its fifth successful transaction in the Digital Transformation sector, serving as an exclusive advisor to iLink Digital in its acquisition of RPA specialist InnoWise.
iLink Digital helps companies make the promise of Digital Transformation a reality. Based out of Seattle, US, iLink provides Digital Transformation services, consulting services and solutions to help enterprises transform and achieve their digital goals.
The strategic acquisition of InnoWise, a Houston, US-based company with a presence in Pune, India, underscores iLink’s commitment to position itself as a digital, data, and cloud market leader, with extensive capabilities across the entire technology product suite.
Commenting on the acquisition, iLink Group CEO Sree Balaji said, "Given the criteria, we had set out for improving our inorganic growth in the Intelligent Automation and RPA space, SA was very quick to identify and evaluate prospects. SA pursued the initial assessment for strategic fit with InnoWise very effectively and gathered incredibly detailed information that was well analysed and understood. Their understanding of the space and various players therein was very beneficial and we are confident that the acquisition of InnoWise will provide a lasting benefit for iLink."
As the benefits of RPA and IA have become prevalent for a wide range of enterprises, in the post-COVID era, we expect the adoption to be even more rampant. For instance, Gartner suggests that by 2022, almost all large organisations globally will have adopted RPA in some form. It has been estimated that using RPA and IA for certain applications or processes can help enterprises reduce operational costs by as much as 25-50%. With the two technologies successfully proving their Return on Investments (ROI), businesses in a variety of sectors are now investing in RPA and IA as a strategic tool to drive efficiency and upskill their workforce. SA is seeing a continued influx of interest in RPA and IA from investors and entrepreneurs looking to automate for business resiliency and stay ahead of the competition.
Murughendra Shirahatti, CEO of InnoWise had the following to add on the transaction closure. “We are proud to join forces with iLink, as it continues to invest in Intelligent
Automation and RPA space. We were immensely fortunate to have crossed paths with SA, as part of this M&A transaction. We were able to navigate the process with such ease, including some parts that had to be virtual owing to the ongoing pandemic, and achieve such a compelling outcome for both InnoWise and iLink with SA’s help.”
This transaction highlights SA's focus and role as a trusted M&A advisor and partner to entrepreneurs looking to accelerate inorganic growth and make profitable bets in the Automation space.
Pravin Advani, Managing Partner, and Co-founder, SA Global Advisors said, “I am thankful for the trust and confidence iLink has built over the years with SA. SA has continued to enjoy a strategic relationship with iLink as we build further momentum towards creating a trailblazing path in the Digital Transformation sector. With this pivotal investment, both organisations’ unique capabilities will create a formidable RPA and Intelligent Automation solutions portfolio to benefit global clients.”
Learn more about how SA is helping companies in the Digital and Tech ecosystem transform growth at https://www.saglobaladvisors.com/.
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 organisational effectiveness, increase business productivity, realise sustainable enterprise value, and transform businesses.
InnoWise makes it simple and easy for its clients to get started with their digital journey by focusing on transforming building blocks (processes) and driving tangible value creation in an agile manner. With InnoWise’s focus on RPA, Intelligent Automation, Data Science and Cloud, they are helping some of the largest corporations digitise their processes and become more efficient, innovative and compliant organisations.
SA Global Advisors (SA) is a leading global investment banking firm focused exclusively on growth investments and M&A for the Digital and Technology sectors. The core focus, for SA, is to partner with Entrepreneurs, Institutional Investors and Boards of Directors to envision and execute strategic transactions to transform the growth trajectory of mid-market technology companies in the Digital Transformation, Artificial Intelligence and Data Analytics, Cloud Technologies, Product Engineering, IT Consulting and Managed Services sectors.