Ciklum, a portfolio company of Recognize Partners, has acquired Infogen Labs

Ciklum

Ciklum is a global experience engineering firm that stands at the forefront of innovation, blending next-generation product engineering, exceptional customer experiences and cutting-edge artificial intelligence (AI). It revolutionizes the way people live by developing groundbreaking technologies that reimagine, reshape and redefine the future. For more than two decades, Ciklum has been a trusted partner to both global enterprises and digital disruptors, spearheading the creation of digital solutions that not only tackle complex corporate challenges but also propel businesses toward accelerated growth and success. Ciklum has a vast global team of more than 4,000 highly skilled engineers, experience design specialists, product owners and consultants.

The Deal

Since acquiring Ciklum, Recognize Partners and the management team have steered the company through transformative growth in its digital projects division, and the company has expanded global presence through add-on acquisitions to enter new markets. The recent acquisition of Infogen Labs will allow Ciklum to expand its North American footprint, diversify its delivery model into new geographies and enhance its technical capabilities and offerings. Lincoln International leveraged its profound understanding of capital markets, access to an extensive network of European and U.S. lenders and deep industry expertise to secure Ciklum an optimal financing solution to support the acquisition and provide significant incremental committed debt capital to fund future acquisitions.

Our Perspective

Mihir Shah, Lincoln International Managing Director who led the transaction, commented, “We were so appreciative to have been selected by Recognize Partners and Ciklum as their advisor for such a pivotal transaction in the company’s history. We were able to arrange a financing outcome that brought a solid financial partner to Ciklum that is ready and able to support the company’s go-forward acquisition strategy and its numerous organic growth initiatives.”

Recognize Partners

Headquartered in New York, Recognize Partners is a sector focused information technology (IT) investment platform supporting next generation leaders by combining deep operating and investing expertise. Recognize Partners has approximately $1.3 billion assets under management and has made nine total investments to date in the IT services industry. Recognize Partners’ strong investment team, with prior experiences across the technology services ecosystem, provides value added support to their investments via domain expertise, extensive sourcing and recruiting networks and market insights. Additionally, Recognize Partners aims to maximize strategic flexibility with large follow-on equity commitments and opportunistic use of leverage.

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