Recognize Strengthens Cybersecurity Sector with Investment in SDG Corporation
Recognize Strengthens Cybersecurity Sector with Investment in SDG Corporation
Recognize, a prominent private equity firm specializing in investments across digital services, has recently announced a significant strategic investment in SDG Corporation. This latest move aims to bolster SDG's positioned role as a leading provider of advisory, implementation, and managed cybersecurity services, focusing particularly on identity and access management (IAM), as well as threat and risk management.
Based in Norwalk, Connecticut, SDG Corporation boasts a diverse team of around 400 professionals operating in the United States and India, bringing over 30 years of experience to the table. The firm has established itself as a trusted partner for enterprise firms, maintaining long-term relationships that often demand intricate and evolving cybersecurity solutions. Ajay Gupta, the founder of SDG, will remain at the helm as CEO, highlighting the continuity of leadership that clients have relied upon.
Mr. Gupta expressed enthusiasm about this partnership, stating, "We are thrilled to partner with Recognize, which brings unique experience in supporting the growth efforts of innovative digital services companies like SDG. Their domain expertise and unparalleled strategic leadership can enhance our offerings and deliver greater value to our customers while driving outsized growth in the dynamic IAM and cybersecurity markets."
Recognize’s Principal, Jack Berney, commented on the impressive trajectory SDG has created, stating, "SDG has built an outstanding reputation as a trusted partner to Fortune 500 companies. The sophistication of SDG's IAM and cybersecurity offerings truly differentiates it in the market. We are excited to support Ajay and his talented team in sustaining accelerated growth."
Moreover, Josh Miller, a partner at Recognize, highlighted the firm’s focus on cybersecurity investments from its inception. He remarked, "This transaction showcases Recognize’s persistence in sourcing, building relationships in the sector, and creating valuable proprietary opportunities. We believe SDG is well-positioned to capitalize on significant market opportunities ahead."
Greenberg Traurig served as legal counsel for Recognize in this deal, while Piper Sandler acted as a financial advisor to SDG Corporation, with Wiggin Dana providing legal counsel.
About SDG Corporation
SDG Corporation has gained recognition over its 30-year history for solving complex business and IT challenges. It has positioned itself as a key player in technology, consulting, and managed services, all aimed at facilitating organizations in executing cybersecurity, identity management, cloud solutions, and risk management strategies. Recognized by the Great Places to Work Institute for six consecutive years, SDG remains a desirable workplace, indicative of their commitment to their employees' welfare and development.
About Recognize
Recognize operates as an investment platform focused solely on the digital services landscape. The firm's objective is to provide operational expertise, insightful industry knowledge, and strategic financial support to innovative enterprises within this sector. Their approach aims to enhance the capabilities and growth of these companies, ensuring they can navigate the complexities of today’s digital ecosystem effectively.
For additional inquiries, media contacts include Chris Tofalli of Chris Tofalli Public Relations for Recognize and Charisma Burghouts from SDG Corporation.
This partnership between Recognize and SDG Corporation signifies a strategic alignment of goals aimed at advancing cybersecurity technology and services in a rapidly evolving digital environment. As the demand for sophisticated cybersecurity solutions grows, it will be interesting to see how this investment shapes the future of both organizations and their clients' security strategies.