iLink Digital has received an equity investment from True North
iLink Digital is a global provider of next-generation digital transformation solutions. Leveraging its 2,500 strong consulting and digital engineering talent spread across 18 offices in eight countries, iLink drives digital innovation through its consulting and technology services and solutions for Fortune 1000 clients across technology and telecom, healthcare and life sciences, banking and financial services, oil and gas and retail / consumer packaged goods. iLink also holds strong affiliated partnerships with enterprise technology majors like Microsoft, Salesforce, AWS, UiPath, Outsystems, Databricks and Confluent amongst others. The company has been recognized as a top-tier partner and has won several accolades from its partners, including the Microsoft Partner of the Year award on multiple occasions.
iLink has delivered exceptional revenue and headcount growth over the last few years, driven by strong leadership, high-quality project execution, strong industry demand driven by digitalization and a proactive acquisition strategy. iLink was seeking a private equity (PE) partner to support its strategic growth initiatives with capital, advice and execution support. Lincoln International acted as the exclusive financial advisor to iLink, working closely with the company’s founders and management team throughout the transaction. Lincoln helped the iLink team develop and present a clear narrative around its differentiation and growth strategy to a sizeable pool of high-quality investors. iLink will partner with True North in their next phase of growth. The financing will enable iLink to accelerate its growth through acquisitions and expansion in existing and new clients.
Sathya Ramanathan, Lincoln International Managing Director who led the transaction, commented, “Digital transformation and adoption is a critical strategy for businesses of all sizes across the globe. We have seen tremendous growth in the digital technology services sector over the past few years, as the need for strong technology-led business offerings has escalated across industries. Against this backdrop, iLink is well-positioned for explosive growth by virtue of its exceptional leadership and deep talent base with expertise in the latest technologies. The company has a strong track record of innovation and execution and will continue to evolve to take advantage of the shift in the market dynamics. We are confident that the company is well set to deliver on this potential with the help of a great PE partner in True North.”
The Lincoln team has been a true partner to iLink through the entire PE raise process. They worked with us as an extension to our internal teams, understood every line of business within iLink, and positioned us for prime time with numerous Private Equity funds. Lincoln's 'always on' and proactive approach in helping us make the right decisions throughout this journey were outstanding qualities worth mentioning. Lincoln was also able to refer us to the right external advisors in realms where we needed help like financial auditors, legal experts, and others. We look forward to working with Lincoln beyond the fundraise as we see that their partner centric approach can help us build further value in our growth story.
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