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Announced

Completed

AST completed the investment in Recognize.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
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EV/EBITDA-
Share Price Premium-
One Off Charge-

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investment platform

United States

Venture Capital

Majority

Single Bidder

Completed

Private Equity

Domestic

Acquisition

Private

Friendly

Synopsis

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AST, a cloud and digital transformation solutions provider, completed the investment in Recognize, a technology services-focused investment platform. Financial terms were not disclosed. "We are deeply impressed by the company that Justin and his team have built. AST’s leadership position across its core end markets, differentiated focus on best-in-class service capabilities and industry-leading culture made us excited to partner with the team as they continue scaling the business," David Wasserman, Recognize Managing Partner.

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