Recognize Makes Strategic Investment in SpringML

Recognize Leads Merger of SpringML and Egen Under Egen Brand

August 16, 2023

IT Services

Recognize, a technology services investment firm, is the lead investor in a merger combining SpringML and Egen into a single company that will operate under the Egen brand. The combination creates an expanded technology services provider with end-to-end capabilities across cloud, data engineering, analytics, AI, application modernization and platform engineering, serving enterprise and public-sector clients.

Recognize Invests $100M Minority Stake in Blend360

August 9, 2022

Data & Analytics

Recognize, a technology-focused investment platform, has made a $100 million minority growth investment in Blend360 to support the data and analytics firm's expansion and capability buildout in AI/ML. The investment is Blend360’s first institutional financing and will include Recognize partners joining Blend360’s board to provide strategic guidance and help expand the company’s international footprint.

Recognize Invests in SDG Corporation

December 9, 2024

Cybersecurity

Recognize, a private equity firm focused on digital services, has made a strategic growth investment in SDG Corporation, a Norwalk, Connecticut-based provider of advisory, implementation, and managed cybersecurity services. SDG (approximately 400 employees) will continue to be led by founder and CEO Ajay Gupta, and Recognize will support the company’s buildout and accelerated growth in identity and access management (IAM), threat, and risk services.

Recognize Acquires Majority Stake in Sprout

January 9, 2025

IT Services

Recognize, a private equity firm focused on digital services, has made a majority investment in IT asset disposition (ITAD) provider Sprout. New Capital Partners will remain a minority investor; Recognize plans to invest in Sprout’s technology, expand solutions, and pursue M&A to accelerate growth as demand for secure data destruction and hardware refresh cycles rises.

Recognize Partners Makes Strategic Investment in Ciklum Group Limited

December 29, 2020

IT Services

Recognize Partners, a technology-focused private equity platform, has made a strategic growth investment in Ciklum Group Limited, a UK-headquartered digital transformation and custom software services firm. The investment will see Recognize partner with Ciklum’s existing shareholders and management to support capability expansion and global growth across hi-tech, fintech and consumer end markets.

Scaleworks Acquires SearchSpring

February 4, 2021

Cloud & SaaS

Scaleworks, a San Antonio-based venture equity firm, has acquired SearchSpring, an 11-year-old provider of AI/ML-powered e-commerce site search and merchandising solutions. SearchSpring founder and CEO Gareth Dismore will depart and Scaleworks has named retail-technology veteran Peter Messana as CEO to accelerate product and go-to-market expansion for SMB and direct-to-consumer retailers.