OceanSound Partners, a growth-oriented private equity firm, today announced that its portfolio company, CFM, has merged with NXTsoft. The combination creates the leading provider of API connectivity, workflow automation, and data analytics software for financial institutions. Simultaneously, NXTsoft completed its previously announced separation from ThreatAdvice, a cybersecurity solutions business. Terms of the transaction were not disclosed. Together,...
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Latest news from OceanSound Partners and our portfolio companies
DMI, a global leader in digital transformation and managed services, announced today that it has acquired Simplex Mobility (“Simplex” or the “Company”), a leading provider of asset and expense management software. Simplex provides a centralized platform that manages all aspects of a customer’s mobile ecosystem including inventory management, help desk support, and cost optimization. For...
Portfolio Company UpdateJanuary 18, 2023Gannett Fleming Appoints Michael Della Rocca to its Board of Directors
Gannett Fleming (the “Company”), a leading engineering and infrastructure solutions provider, announced today the appointment of engineering industry leader Michael Della Rocca to its Board of Directors. Della Rocca brings over 35 years of experience as a senior executive in the engineering and construction industry. Prior to his appointment to Gannett Fleming’s Board of Directors,...
Portfolio Company UpdateJanuary 17, 2023RMA Announces the Acquisition of C Below
RMA Companies (“RMA”) today announced that it has acquired C Below, Inc. dba C Below Subsurface Imaging (“C Below”), a provider of technology-enabled underground utility locating services. As part of the transaction, C Below’s operations will be merged with RMA’s SiteScan Subsurface Imaging business (“SiteScan”) under the leadership of Chris Loera, C Below’s CEO. Since December 2021, RMA...
Transaction AnnouncementJanuary 9, 2023Gannett Fleming Announces Strategic Investment from OceanSound Partners
Gannett Fleming (the “Company”), a leading engineering and infrastructure solutions provider, announced today it 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 enterprise end-markets. Gannett Fleming will continue to operate under the leadership of its existing management team, who...
Portfolio Company UpdateJanuary 6, 2023Lynx Software Technologies Appoints Ryan D. McCarthy, former Secretary of the U.S. Army, to its Board of Directors
Lynx Software Technologies (“Lynx” or the ”Company”), a leader in the development of open architecture software solutions for mission critical embedded systems, today announced the appointment of Ryan D. McCarthy, who has deep experience across the defense and policy space, to its Board of Directors. McCarthy joins the board of Lynx after serving as 24th Secretary of...
Portfolio Company UpdateDecember 6, 2022RMA Companies Announces the Acquisition of Northwest Geotechnical Consultants
RMA Companies (“RMA”) today announced that it has acquired Northwest Geotechnical Consultants, Inc. dba Northwest Geotech (“NGI”), a provider of geotechnical engineering, environmental consulting, construction inspection, and construction materials testing services. The acquisition of NGI is RMA’s third transaction since December 2021, as it executes an acquisition-driven growth strategy to build a national testing and inspection...
DMI, a global leader in digital transformation services, announced today that it has acquired the Ambit Group LLC (“Ambit”), a leading provider of data analytics, cybersecurity, and mission support services to the U.S. Government. The acquisition will further enhance DMI’s comprehensive suite of digital services and expand its portfolio of customers and contract vehicles in...
Portfolio Company UpdateOctober 13, 2022Lynx Software Technologies Announces Appointment of Al Maillet as Chief Revenue Officer
Lynx Software Technologies (“Lynx” or the” Company”), a developer of open architecture software solutions for mission critical embedded systems, today announced the appointment of Al Maillet as Chief Revenue Officer. Maillet was previously with Mercury Systems, a global commercial technology company serving the aerospace and defense industry, where he served as the Vice President of...
Portfolio Company UpdateSeptember 21, 2022Lynx Software Technologies Announces Appointment of Michel Genard and Ed Dolanski to its Board of Directors
Lynx Software Technologies (“Lynx” or the” Company”), a developer of open architecture software solutions for mission critical embedded systems, today announced the appointments of experienced industry executives Michel Genard and Ed Dolanski to its Board of Directors. Genard brings over three decades of experience working with embedded software companies, most recently serving as Vice President of Product Management at Wind...
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