Parties
Company
Recognize Partners
Company
Blue Mantis
On September 9, 2024, Recognize acquired a majority stake in Blue Mantis, an IT services provider specializing in managed services, cybersecurity, and cloud solutions. Abry Partners, the prior majority investor, retained a minority stake. Blue Mantis serves mid-market and enterprise clients across North America, with operations in Portsmouth, New Hampshire, Toronto, Canada, and Bangalore, India.
Willkie Farr & Gallagher advised Recognize, with Bennett Jones serving as Canadian counsel. Kirkland & Ellis represented Blue Mantis, Citizens acted as financial advisor, and Crescent Capital provided financing. Transaction value was not disclosed.
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date