Recognize Acquires Majority Stake in Blue Mantis
September 9, 2024
Recognize, a private equity firm focused on digital and technology services, has made a majority investment in Blue Mantis, a Portsmouth, New Hampshire-based IT services provider specializing in managed services, cybersecurity, and cloud solutions. Abry Partners, which had backed Blue Mantis since 2020, will remain a minority investor as Recognize and management pursue growth, capability expansion, and M&A to scale the business.
- Buyers
- Recognize, Abry Partners
- Targets
- Blue Mantis
- Industry
- IT Services
- Location
- New Hampshire, United States
- Transaction Type
- Buyout
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