TH Global Capital advises Quantiphi, a leading AI-first digital engineering company, on its strategic acquisition of Candyspace

Mar 2026
united-kingdom
Has Acquired

Digital Product Engineering

View Transaction Details
TH Global Capital advises Quantiphi, a leading AI-first digital engineering company, on its strategic acquisition of Candyspace
Seller Candyspace
Buyer Quantiphi
Focus Sector Digital Product Engineering
Date March 2026

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.

quote 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.
Dipen Shah Corporate Development Head, Quantiphi

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.

“We are witnessing one of the most profound transformations in computing history,” Quantiphi Co-founder Reghu Hariharan said. “Computers can now perceive and understand our world in ways once unimaginable. Bringing together our capabilities, we are not just advancing technology — we are humanizing AI. We are shaping a new paradigm where intelligence is expressed through experiences that feel intuitive, empathetic and deeply personal — systems that truly understand, anticipate and inspire.”

“Joining forces with Quantiphi at this pivotal moment fills us with extraordinary excitement,” Candyspace Managing Director Matt Simpson said. “Our passion has always been to build digital products that are loved by users and drive business outcomes for our clients. With Quantiphi’s AI capabilities, we can now create experiences that were once impossible — products that see, learn and respond in real time.”

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.”

Group 9
Transactions
Group 9
Mar 2026
united-kingdom
Has Acquired

Digital Product Engineering

View Transaction Details
TH Global Capital advises Quantiphi, a leading AI-first digital engineering company, on its strategic acquisition of Candyspace
Dec 2025
japan
   Majority acquired by    

ServiceNow Consulting

View Transaction Details
TH Global Capital advises The Cloud People, a leading ServiceNow partner in the Nordics, on its strategic sale to NTT DATA
Nov 2025
united-states
Has been acquired by

Social Media & Digital Marketing Agency

View Transaction Details
TH Global Capital Advises Social Element, a Leading Global Social Media Agency, on Its Strategic Sale to The MarketFully Group
Nov 2025
united-states
Has been acquired by

Semiconductor Engineering Services & Embedded Systems

View Transaction Details
TH Global Capital advises Ignitarium, a semiconductor engineering services and embedded systems engineering company, on its strategic sale to Neurealm
Nov 2025
united-states
Has been acquired by

AI led Software Testing & Test Automation IP

View Transaction Details
TH Global Capital advises TestDevLab, a leading AI-led Quality Engineering and Software Development company, on its strategic sale to Xoriant
Aug 2025
united-states
Has been acquired by

Generative AI & Hyperautomation Software

View Transaction Details
TH Global Capital advises Waylay, a Generative AI & Hyperautomation software company, on its strategic sale to Vertiv
Jul 2025
Private Equity Buyout by

Cloud & DevOps, Atlassian Consulting

View Transaction Details
TH Global Capital closes its 17th deal in France by advising Spectrum Groupe, an Atlassian Platinum Partner, on its investment from Parquest
Apr 2025
india
Has been acquired by

Cybersecurity

AUD 120 Million
View Transaction Details
TH Global Capital advises The Missing Link, a leading Cybersecurity provider, on its strategic sale to Infosys
Apr 2025
india
Has been acquired by

ServiceNow Consulting

View Transaction Details
TH Global Capital advises TMLabs, a ServiceNow Elite partner, on its strategic sale to Coforge
Apr 2025
greece
Has been acquired by

Payments Software, Fintech & Regtech

View Transaction Details
TH Global Capital advises Fiskaltrust, a leading Payments Software, Fintech and Regtech company, on its strategic sale to Viva.com
Feb 2025
united-kingdom
Has been acquired by

Salesforce Consulting

View Transaction Details
TH Global Capital Closes Its 12th Salesforce Transaction – the Strategic Sale of Skie to Bluprintx, a Palatine portfolio company
Jan 2025
france
Has been acquired by

Low Code Product Engineering & AWS

View Transaction Details
TH Global Capital advises PhoenixDX, a leading Low Code Product Engineering Company, on its strategic sale to Alan Allman Associates
Nov 2024
argentina
Has been acquired by

Digital Transformation, Innovation & Experience

View Transaction Details
TH Global Capital advises Omnia, a leading Digital Transformation, Innovation, Experience and Branding agency, on its strategic sale to Globant
Oct 2024
united-states
Has been acquired by

Salesforce Consulting

View Transaction Details
TH Global advises Cloobees, a Global Salesforce Summit Partner, on its strategic sale to Synechron
Oct 2024
united-states
Has been acquired by

Digital Engineering & Microsoft Consulting

View Transaction Details
TH Global Capital advises Chamonix IT, a leading Digital Engineering company, on its strategic sale to Synechron
WhatsApp LinkedIn