Recognize Acquires Majority Stake in Sprout

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 Blue Mantis

September 9, 2024

IT Services

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.

Sprout Acquires Key Assets of CircleIT

January 10, 2024

Environmental Services

Sprout purchased key assets and customers of Oklahoma City-based CircleIT in a strategic asset acquisition announced in late 2023. The deal adds CircleIT's ITAD/refurbishment capabilities and its ESG reporting platform to Sprout's operations; CircleIT will cease to exist as a separate business entity.

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 Makes Strategic Investment in SpringML

October 14, 2021

Data & Analytics

Recognize, a technology services investment platform, made a strategic growth investment in machine learning and advanced data analytics firm SpringML. SpringML's founders will remain in leadership, Raj Mehta of Recognize joins SpringML's board as Chairman, and the partnership is intended to help SpringML scale organically and inorganically while expanding its Google Cloud and Salesforce-based analytics offerings.

New Capital Partners Invests in SMR Worldwide (now Sprout)

October 23, 2019

Environmental Services

New Capital Partners (NCP), a Birmingham-based private equity firm, has partnered with SMR Worldwide, an IT asset disposition (ITAD) and e-waste solutions provider headquartered in Charlotte, North Carolina. The investment will support SMR's (rebranded later as Sprout) expansion of facilities, rollout of new software-driven solutions, and capability growth to serve enterprise customers.