TH Global Capital is pleased to announce that it has acted as the exclusive financial advisor to Quantiphi, a leading AI-first digital engineering company, on its strategic acquisition of Candyspace, a UK-based digital product development and customer experience specialist.
Founded in 2013 and headquartered in the Greater Boston area with major delivery centres in the US, UK, Netherlands, Singapore and India, Quantiphi is an AI-first digital engineering company that designs and deploys cloud, data, and Artificial Intelligence & Machine Learning solutions to drive enterprise transformation. The company serves global clients across industries including Healthcare, Financial Services, Consumer Goods, and Technology, helping organisations accelerate innovation and deliver large-scale digital transformation through AI-driven solutions.
Founded in London, Candyspace is a digital product development and customer experience specialist focused on creating customer-centric digital solutions for global brands. The company partners with clients to design, build, and optimise digital products that enhance user engagement and drive growth through technology and user-centred design. Candyspace offers capabilities across web development, mobile applications, e-commerce solutions, and digital optimisation services for clients across sectors including Media, Automotive, Manufacturing, and Technology.
The acquisition expands Quantiphi’s presence in the UK and European markets and unites two industry leaders at the intersection of artificial intelligence and digital experience design. Together, the companies will create next-generation products that combine Quantiphi’s AI expertise with Candyspace’s human-centered design and engineering excellence to deliver intelligent, adaptive and emotionally engaging user experiences.
Dipen Shah, Corporate Development Head, Quantiphi, commented, “TH Global Capital was a vital and highly effective partner in our successful acquisition of Candyspace. They quickly grasped our strategic vision, precisely identifying the ideal target company that aligned with our long-term goals and significantly accelerating the timeline. They provided invaluable insights throughout the process, from the initial strategic assessment and valuation through the final negotiations. The team expertly managed the due diligence process while consistently maintaining clear alignment and focus among all stakeholders. We are extremely satisfied with the outcome and the support provided by TH Global Capital.”
Vivek Subramanyam, Founder and CEO of TH Global Capital, said, “We are delighted to have advised Quantiphi on its acquisition of Candyspace. This transaction represents a strong strategic fit, bringing together Quantiphi’s leadership in AI-driven digital engineering with Candyspace’s expertise in digital product development and customer experience. The combination creates significant synergies and strengthens Quantiphi’s ability to deliver innovative, end-to-end digital transformation solutions to global clients. We wish both teams continued success in their next phase of growth.”
Pablo Jorge, President at TH Global Capital, added: “Congratulations to the Quantiphi and Candyspace teams on this exciting milestone. Candyspace has built a strong reputation in digital product development and customer experience, with differentiated capabilities across native app development, UX consulting, and digital engineering. Combined with Quantiphi’s leadership in AI, data, and cloud technologies, this partnership creates a powerful platform to deliver next-generation digital transformation solutions to global enterprises.”
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