Sparq Acquires Nearshore Digital Engineering Firm Octobot

Harvest Partners Ascend Acquires Majority Stake in Sparq

June 21, 2023

IT Services

Funds managed by Harvest Partners Ascend have acquired a majority stake in Sparq, a U.S.-based outsourced digital engineering provider headquartered in Atlanta. Bain Capital Double Impact remains an investor; the partnership will fund Sparq’s geographic expansion and capability build-out as Harvest Partners Ascend pursues a buy-and-build strategy.

Spartronics (OEP) Acquires Inovar, Inc.

September 1, 2021

Manufacturing

Spartronics, a portfolio company of One Equity Partners, has completed the acquisition of Inovar, Inc., a Tier‑3 electronics manufacturing services (EMS) provider headquartered in North Logan, Utah. The add‑on expands Spartronics’ EMS capabilities, OEM customer base across aerospace, defense and medical markets, and adds a near‑shore facility in Tecate, Mexico to complement its existing global footprint.

NVIDIA Acquires OctoAI

September 25, 2024

AI & Machine Learning

NVIDIA has acquired Seattle-based OctoAI, a startup that provides tooling and infrastructure to build and run generative AI models. The deal — reported at roughly $165 million before adjustments and with potential incentives that could push consideration higher — brings OctoAI's ML compiler and model-serving technology and team into NVIDIA to bolster its AI infrastructure offerings.

Sparq Acquires Amplify Consulting Partners

July 11, 2024

Data & Analytics

Sparq, a PE-backed provider of outsourced digital engineering, has acquired Seattle-area data engineering consultancy Amplify Consulting Partners. The deal expands Sparq's data and analytics capabilities, adding Amplify's expertise in data engineering, visual analytics, program management and technology partnerships to Sparq's service portfolio.

OPTEL Group Acquires Vanguard Robotics

August 28, 2025

Industrial Services

OPTEL Group has acquired Vanguard Robotics, a specialist in end-of-line collaborative-robot (cobot) automation for regulated pharmaceutical environments. The acquisition expands OPTEL's automation capabilities—combining Vanguard's turnkey palletizing cobot systems with OPTEL's track-and-trace and vision solutions—to better serve pharmaceutical manufacturers globally.

Sparq Acquires Kingsmen Software

July 9, 2024

IT Services

Sparq, an Atlanta-based provider of outsourced digital engineering, has acquired Kingsmen Software, a Charlotte-based engineering firm specializing in generative AI strategy and software development for the financial sector. The acquisition brings Kingsmen's FinTech, banking, payments and capital markets expertise into Sparq's platform, expanding Sparq's AI and financial-services engineering capabilities and enabling greater scale for Kingsmen's clients.