Announced
Completed
Financials
Tags
United States
Private Equity
Completed
Friendly
IT Services: Other
Majority
Domestic
it services
Acquisition
Private
Single Bidder
it consultancy
Synopsis
Recognize Partners, a private equity firm, completed the acquisition of AST, an IT solutions provider, from Tailwind Capital, a private equity firm, for $210m. "AST represented a compelling opportunity to invest in a cloud and digital transformation partner focused on Oracle’s technology stack. Together with the AST management team, we executed a value creation plan over the last five years centered on recruiting world class executives and building a business capable of scaling at the pace of the market’s growth. We are proud of the AST team’s accomplishments during our investment period," Will Fleder, Tailwind Partner.
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