Ionic Partners Acquires Sparkrock

AnswerRocket Acquires Cognitive Spark

April 22, 2025

Professional Services

AnswerRocket has acquired Cognitive Spark, a management consulting firm specializing in advanced data science and machine learning, to strengthen its agentic AI and enterprise analytics capabilities. The Cognitive Spark team will join AnswerRocket (Andrew Sweet, Cognitive Spark CEO, becomes VP, Enterprise AI Solutions), expanding AnswerRocket’s consulting practice and data readiness, model development, and automated analytics capabilities for enterprise clients.

KKR, Ontario Teachers' and PSP Investments Acquire Spark Infrastructure

December 22, 2021

Utilities

A consortium of KKR, Ontario Teachers' Pension Plan Board and PSP Investments completed an all-cash acquisition of Spark Infrastructure for approximately A$5.2 billion. The deal, which received all regulatory approvals, gives the investors ownership of Spark's stakes in SA Power Networks, Victoria Power Networks (Citipower and Powercor), a stake in TransGrid and the Bomen Solar Farm as they seek to support Australia’s transition to low-carbon electricity infrastructure.

intive Acquires Spark Digital

November 30, 2021

IT Services

intive has acquired Spark Digital, a founder-led digital consulting, design, and development provider serving Media & Entertainment and EdTech clients, to strengthen intive’s North American and LATAM digital transformation capabilities. The transaction gives intive a full U.S. footprint and adds Spark Digital’s nearshore delivery, AI/ML, data analytics and cloud capabilities; Spark Digital will continue to be led by co-founders Chris Cali and Francisco Amadeo. Canaccord Genuity served as exclusive financial advisor to Spark Digital.

Klarna Acquires Inspirock

October 22, 2021

E-Commerce

Klarna has acquired Inspirock, an online trip planner that uses AI to build personalized itineraries for travelers. Klarna will integrate Inspirock's planning and content capabilities into its app to enable its 90 million users to plan trips, shop for travel-related products, and pay in installments while offering enhanced advertising opportunities to Klarna's retail partners.

TekStack Acquires SalesSpark

April 19, 2021

Software

TekStack Inc. signed an asset purchase agreement to acquire SalesSpark, Inc., a Sales Acceleration app built on the Microsoft Power Platform. TekStack now owns the product, brand and related assets and will integrate the app into its platform and make it commercially available on Microsoft's AppSource for Dynamics 365 for Sales customers.

Accel-KKR Acquires Springbrook Software from Accela

January 7, 2020

Cloud & SaaS

Accel-KKR, a technology-focused private equity firm, has acquired Springbrook Software, a provider of cloud-based ERP, finance, payroll and utility billing software for local governments. The carve-out from Accela will let Springbrook operate as an independent company with increased investment to accelerate product innovation, customer care and growth across North America.