News

Latest news from OceanSound Partners and our portfolio companies

OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving aerospace, defense, government and highly regulated enterprise end markets, today announced the final close of its third fund, OceanSound Partners Fund III, LP (the “Fund”), with $3.0 billion in total capital commitments. Together with related co-investment vehicles, OceanSound has...

OceanSound Partners (“OceanSound”), a New York-based private equity firm that pursues control investments in technology and technology-enabled services companies serving aerospace, defense, government, and highly regulated end markets, today announced it has hired Laura Noisten as a Principal of Capital Markets. Ms. Noisten will lead OceanSound’s capital markets and leveraged finance activities. “We are excited to...

Automated Financial Systems, LLC (“AFS” or the “Company”), a leading provider of commercial loan servicing and loan lifecycle management technology to the financial services industry, today announced that it has been acquired by OceanSound Partners (“OceanSound”), a growth-oriented private equity firm investing in technology and technology-enabled services companies serving highly regulated end markets. The acquisition will enable AFS...

OceanSound Partners (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving aerospace, defense, government and highly regulated end markets, today announced that it has promoted eight individuals and added 14 new hires across its investment, portfolio ownership, and operations teams. OceanSound currently manages more than $6.9 billion in Regulatory Assets...

Burns Engineering, Inc. (“Burns” or the “Company”), a leading engineering solutions provider for transportation, critical infrastructure and the built environment, today announced that it has received a strategic investment from OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated end markets. Burns’ existing leadership, management...

Netrix Global, a leading provider of cybersecurity and digital transformation services, today announced the acquisition of the U.S.-based IT Services business (“ITS” or the “Business”) of Ricoh USA, Inc., a subsidiary of Ricoh Company, Ltd. The acquisition significantly expands Netrix’s market presence across the United States, with additional exposure across the Northeast, Mid-Atlantic, and Southeast...

Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, today announced the acquisition of Farabaugh Engineering and Testing (“Farabaugh”), a specialized provider of product testing, auditing, and engineering services for construction and building components with a growing footprint across the United States. This transaction expands Certerra’s Analytical Labs and Building...

Message Broadcast, a longtime leader in customer engagement for utilities and other highly regulated industries, today announced it has rebranded as Convey. The new name and identity reflect the company’s evolution and its vision for the future—one where intelligent workflows redefine how highly regulated industries engage with their customers. The rebrand follows the strategic combination of...