o3 Capital acted as the Exclusive Financial Advisor to Intelliswift.

We are pleased to announce that our client, Intelliswift, has been successfully acquired by L&T Technology Services (LTTS).

Intelliswift is a ~ USD 100Mn revenue company headquartered in Silicon Valley, founded in 2002. It is a high-tech service provider specializing in software product development, platform engineering, digital integration, data, and AI. The company has over 1,500 professionals serving 4/5 hyperscalers, top 10 ER&D players, 25 Fortune 500 companies across the Hi-Tech, fintech and retail sectors.

LTTS is a global leader in engineering, digital and R&D services. A listed subsidiary of Larsen & Toubro (L&T), it offers design, development, testing, and sustenance services across products and processes across the Mobility, Sustainability, and Tech segments. Its customer base includes 69 Fortune 500 companies and 57 top ER&D companies across industrial products, medical devices, transportation, telecom & hi-tech, and process industries.

Pat Patel, Founder and Executive Chairman of Intelliswift said, “o3 Capital has been an exceptional partner throughout the process. With their strategic insight and deep market knowledge, the o3 team truly understood the nuances of our business and consistently went beyond the transactional aspects to ensure we were well-positioned in discussions. What stood out was their proactive approach and commitment to delivering value. Their handling of complex negotiations ensured our interests were always prioritized, ultimately leading to a successful outcome. For any entrepreneur considering a strategic move, o3 Capital is a partner you can truly rely on.“

Abhijit Bhatt, CFO & COO of Intelliswift said, “The o3 Capital team was instrumental in guiding us through the entire sale process. Their strategic insights, attention to detail, and seamless management of due diligence and negotiations ensured we achieved the best possible outcome. They were proactive, highly responsive, and always had our best interests at heart. I highly recommend them for their professionalism and results-driven approach.”

This transaction reaffirms o3 Capital's leadership in the technology investment banking space, making it the partner of choice across segments including Digital Engineering, ER&D, Data Analytics, ITeS/KPO/BPO, Cloud, and SaaS companies