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Sparq acquires Kingsmen Software to enhance digital engineering capabilities in financial sector

PRIVATEJul 09, 2024

Acquiring Company

Sparq

Acquired Company

Kingsmen Software

AtlantaCharlotteInformation TechnologySoftwareEnterprise SoftwareFinancial ServicesSoftwareConsulting

Description

Sparq, a leading provider of outsourced digital engineering, has acquired Kingsmen Software, a U.S.-based engineering firm specializing in generative AI strategy, consulting, and full stack development in the financial sector. This acquisition strengthens Sparq's ability to offer enhanced digital products and experiences specifically designed for the Cloud and powered by data and AI.

Quick answer

Sparq is acquiring Kingsmen Software, announced July 9, 2024. Sparq is based in Atlanta, Georgia, United States.

How much did Sparq pay for Kingsmen Software?
The deal value was not disclosed.
What does Sparq do?
Sparq is a leading provider of outsourced digital engineering to build, deploy and support digital applications, products, and experiences.
Where are Sparq and Kingsmen Software based?
Sparq is based in Atlanta, Georgia, United States. Kingsmen Software is based in Charlotte, North Carolina, United States.
Who are the decision-makers at Sparq?
Fundz holds 1 contact at Sparq. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Enterprise Software and Financial Services

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Company Information

Company

Sparq

Location

Atlanta, Georgia, United States

About

Sparq is a leading provider of outsourced digital engineering to build, deploy and support digital applications, products, and experiences. Sparq’s unique U.S.-centric, 100% remote delivery model accesses untapped and underleveraged technology talent, and eliminates the obstacles of distant time zones, language, and geopolitical risks. Scrum-as-a-Service®, Sparq’s unique engagement framework for Agile software engineering, provides rapid and flexible deployment of multidisciplinary teams via an elastic consumption model and predictable monthly pricing. The Company provides world-class solutions for technology-driven and Fortune 1000 clients across various industries including Logistics and Transportation, Healthcare, High-Tech and Financial Services.

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Frequently asked

Who acquired Kingsmen Software?

Kingsmen Software was acquired by Sparq, based in Atlanta. The deal was reported on July 9, 2024. Sparq is a leading provider of outsourced digital engineering to build, deploy and support digital applications, products, and experiences. Sparq is privately held and operates in Information Technology.

When did Sparq acquire Kingsmen Software?

Sparq's acquisition of Kingsmen Software was reported on July 9, 2024. Sparq, a leading provider of outsourced digital engineering, has acquired Kingsmen Software, a U.S.-based engineering firm specializing in generative AI strategy, consulting, and full stack development in the financial sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Kingsmen Software do?

Kingsmen Software is a U.S.-based engineering firm offering generative AI strategy, consulting, and full stack development in the financial sector. It is privately held, operating in Financial Services, and is based in Charlotte.

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