Sparq, a leading U.S. provider of outsourced digital engineering, has announced the acquisition of Kingsmen Software. The Charlotte, N.C.-based Kingsmen specializes in generative AI strategy, consulting, and full stack development for the financial sector.
Kingsmen, founded in 2013, has established itself as a prominent player in enterprise banking, payments, and capital markets, with recent expansion into mid-market and late-stage FinTech. The company's expertise spans custom software delivery, product design, and technology advisory services.
The acquisition is expected to enhance Sparq's offerings in emerging technologies, particularly in the rapidly evolving field of generative AI. Monty Hamilton, CEO at Sparq, emphasized the strategic importance of the move: "Understanding and d
Sparq Acquires Kingsmen Software, Expanding Gen AI Capabilities in Financial Sector
- By Abhijeet Adhikari
- Published on
This acquisition follows a significant investment in Sparq by funds managed by Harvest Partners Ascend Management, LP in 2023, which aimed to further scale the company's operations and digital service offerings.
