Recognize acquires majority stake in Blue Mantis

Company

Recognize Partners

Law Firm / Organization
Bennett Jones LLP
Law Firm / Organization
Willkie Farr & Gallagher LLP

Company

Blue Mantis

Law Firm / Organization
Kirkland & Ellis LLP

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.

Merger & Acquisition
Tech/Computer/IT
Undisclosed/Confidential
Active