William Blair acted as the exclusive financial advisor to Harvest Partners Ascend in connection with its strategic investment in Sparq, a portfolio company of Bain Capital Double Impact.
About the Companies
Harvest Partners Ascend was launched by Harvest Partners, LP in 2022 to act on compelling platform investment opportunities at the lower end of the middle market. It focuses on investments in lower middle market companies in the business and technology services sectors. Founded in 1981, Harvest Partners, LP is an established New York-based private equity investment firm that focuses on investments in middle-market companies in the business services & industrial services, consumer, healthcare, industrials and software industries.
Sparq is a leading provider of outsourced digital engineering to build, deploy and support digital applications, products and experiences. Sparq’s unique U.S.-centric, 100% remote delivery model accesses untapped and underleveraged technology talent, and eliminates the obstacles of distant time zones, language, and geopolitical risks. Scrum-as-a-Service®, Sparq’s unique engagement framework for Agile software engineering, provides rapid and flexible deployment of multidisciplinary teams via an elastic consumption model and predictable monthly pricing. The company provides world-class solutions for technology-driven and Fortune 1000 clients across various industries including Logistics and Transportation, Healthcare, High-Tech and Financial Services.
Bain Capital Double Impact is the impact investing strategy of Bain Capital, a leading global private investment firm. Bain Capital Double Impact leverages deep industry experience and an active, value-added approach to build great companies that deliver both competitive financial returns and meaningful, measurable social and environmental good. Bain Capital Double Impact partners with companies across three themes – health & wellness, education & workforce development, and sustainability to create long-term value and meaningful social impact at scale.
Learn more about our technology investment banking expertise.