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New Deal


Announced

Completed

Recognize completed a $100m investment in Blend360.

Financials

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Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Minority

United States

data analytics

Friendly

Information / Data Services

Acquisition

Domestic

Completed

Single Bidder

Private Equity

talent solutions

Synopsis

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Recognize, a technology investment platform focused on the tech services sector, completed a $100m investment in Blend360, a global provider of data, analytics and talent solutions for Fortune 500 companies. "We intend to become the premier service provider of AI and ML solutions that optimize business results and this investment is another significant step in our journey to do just that. Just six years ago, Tim and I started with a vision to build an elite people-based data and analytics solutions company and our organic growth trajectory has been amazing. To get us to the next level, we realized we needed a best-in-class partner–and that's what we found in Recognize," Patrick Hennessy, Blend360 CEO.

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