Company Research Report: Recognize
Company Overview
- Name: Recognize
- Mission: To invest in technology services companies and exceptional leaders to accelerate growth and build enduring businesses.
- Founded: No information is available
- Founders: No information is available
- Key People:
- Frank D’Souza, Co-Founder & Managing Partner
- Rajeev Mehta, Co-Founder & Partner
- Charles Phillips, Co-Founder & Managing Partner
- David Wasserman, Co-Founder & Managing Partner
- Other notable team members include Mike Grady (Partner), Anup Hira (Partner & Value Creation Lead), and Muthu Kumaran (Partner & Head of India Operations).
- Headquartered: No information is available
- Number of Employees: 29 Professionals
- Revenue: No information is available
- Known For: Recognize is known for investing in technology services businesses using a thematic and operationally-oriented strategy, bridging the gap between innovative technologies and enterprise customers.
Products and Services
Recognize focuses on a variety of sectors within the technology services industry, including:
- Product Engineering
- Cyber-Security
- Digital Operations (BPO)
- Data & Analytics
- Cloud Services
- AI Enablement
- Marketing & Information Services
- Human Capital Management
- Commerce
- Legal Services
Detailed Description
Recognize employs a thematic investment strategy focusing on transformative growth areas in the technology services landscape. The company provides strategic capital and operational expertise to companies aiming to bridge innovative technologies to consumer and enterprise markets.
Recent Developments
- Recent Investments:
- On October 3, 2024, Recognize announced a majority investment in Blue Mantis, a leader in managed services.
- On October 1, 2024, Recognize, in collaboration with GTCR, agreed to acquire TRANZACT, a leading direct-to-consumer insurance services company, from WTW PLC for $632.4 million.
- Strategic Moves:
- Blue Mantis acquisition is positioned to enhance managed services infrastructure, indicating an expansion in their strategic investments.
- TRANZACT acquisition: Recognize plans to leverage its investment to sustain and enhance TRANZACT’s offerings in the insurance industry, establishing fresh leadership with Andy Nelson set to become CEO.
- Product and Partnership Expansion:
- No specific product launches or partnerships were detailed beyond investment activities.
Conclusion
Recognize operates with a significant focus on scaling technology service businesses, leveraging its assets under management, valued over $1 billion, to stimulate growth in a variety of high-tech sectors. While detailed financials and comprehensive historical data on foundational dates and locations are unavailable, the company's strategic engagements in TRANZACT and Blue Mantis highlight its commitment to expanding operational capacities and leadership within the technology services domain. No additional commentary or subjective insights are provided, ensuring a factual focus aligned with the available data.
