Recognize, a private equity firm focused on investing in digital services businesses, announced a strategic investment in Security Risk Advisors Intl, LLC, a scaled cybersecurity services firm focused on advisory and managed security. Recognize’s investment represents SRA’s first equity institutional capital.
Headquartered in Philadelphia, SRA employs over 300 cybersecurity professionals with operations in the U.S., Ireland, and Australia. Over its 15-year history, SRA has become a deeply trusted partner to security leaders at global enterprises as they navigate an increasingly complex threat environment and manage emerging challenges from artificial intelligence. With a rich history of developing proprietary software like the well-known VECTR platform for purple teams and SCALR for security operations and security data management, SRA offers robust cybersecurity solutions across both advisory and 24×7 managed security monitoring, and is a member of the Microsoft Intelligent Security Association. Co-Founders Tim Wainwright and Chris Salerno will continue to lead the Company.
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Tim Wainwright, SRA Co-Founder and CEO, said, “We are fortunate to find a partner in Recognize who aligns with our vision to continue to grow our strengths in cybersecurity consulting, managed services, and software. This is a new and exciting chapter after our first successful 15 years serving great clients. We look forward to continuing to provide a premium experience to our clients and team members alike.”
Charles Phillips, Co-Founder and Managing Partner at Recognize, commented, “Our investment in SRA builds on our strategy of backing next generation digital services businesses. SRA’s IP-embedded services, leverage as a Microsoft Intelligent Security Association member, and dynamic leadership team have cemented the Company as a differentiated provider in an environment that’s rapidly changing due to the increase in AI-driven threats. Cybersecurity continues to be a core pillar of our digital services strategy, and we are extremely excited to partner with Tim, Chris, and the entire SRA team in the next phase of their growth trajectory.”
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Chris Salerno, SRA Co-Founder and COO, added, “We are excited Recognize is joining us in furthering our mission to protect our clients and their customers while building and training the next generation of cybersecurity professionals. We look forward to the opportunity to innovate together and continue providing critical cybersecurity services to our clients.”
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Source: prnewswire
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