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...
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Latest news from OceanSound Partners and our portfolio companies
Portfolio Company UpdateApril 28, 2025Gannett Fleming TranSystems Changes Name to GFT and Appoints Mike Orth as Chief Executive Officer
Gannett Fleming TranSystems, a leading engineering and infrastructure solutions provider, today announced that it is rebranding to GFT. The new brand reflects the integration of Gannett Fleming, TranSystems, and five recently acquired businesses into a unified national platform that delivers best-in-class infrastructure consulting services to more than 5,000 public- and private-sector clients across North America....
Portfolio Company UpdateApril 22, 2025Lynx Appoints James H. Dickinson, Former Commander of U.S. Space Command, to its Board of Directors
Lynx Software Technologies, Inc. (“Lynx” or the ”Company”), a leader in foundational, open architecture software solutions for edge computing, today announced the appointment of James H. Dickinson, a retired Army general officer and distinguished military leader with extensive expertise in space, missile defense, and strategic operations, to its Board of Directors. Jim joins the board...
Fundraising for private equity in 2024 proved to be an uphill battle for most. According to financial information and analytics provider S&P Global, private equity funds worldwide secured $680.04 billion last year, a 30% decrease from about $966.37 billion raised in 2023. Liquidity constraints among investors played a major role in this decline as global private equity exits fell to a five-year low of $392.48 billion, driven by a mismatch in valuation expectations between buyers and sellers. With limited cash distributions from existing fund positions, investors felt little urgency to redeploy capital, further dampening the fundraising landscape.
Portfolio Company UpdateMarch 31, 2025Gannett Fleming TranSystems Acquires Scalar Consulting Group Scalar Enhances Transportation Engineering
Gannett Fleming TranSystems, a leading provider of engineering and infrastructure solutions, has acquired Scalar Consulting Group Inc. (“Scalar”), a Florida-based firm specializing in transportation engineering and infrastructure services. The acquisition deepens Gannett Fleming TranSystems’ presence in Florida and broadens its suite of transportation and construction engineering & inspection (“CE&I”) offerings, primarily serving government agencies and commercial...
Portfolio Company UpdateMarch 27, 2025Certerra (Formerly RMA Companies) Announces Acquisition of Tierra, Inc.
Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, today announced the acquisition of Tierra, Inc. (“Tierra”), a highly respected geotechnical and materials engineering firm with 27+ years of experience serving government agencies and private sector clients in Florida. The addition of Tierra strengthens Certerra’s presence in the Southeast and...
PAR Excellence Systems Inc. (“PAR”), a leading provider of supply chain integrity and cost management solutions to the healthcare industry, and TrackCore, Inc. (“TrackCore”), a leader in automated biological tissue and implantable device tracking and compliance software-based solutions, today announced that they have completed a strategic combination. Following PAR’s recent acquisition of NotiSphere in January 2025, this transaction...
Portfolio Company UpdateMarch 6, 2025RMA Rebrands as Certerra, the Leader in Materials Engineering and Earth Sciences
Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, has rebranded from the RMA Companies. The new corporate identity unites 16 businesses that have joined together under shared values and a common purpose: helping ensure that our communities are built to last as the partner of choice in materials engineering...
Portfolio Company UpdateFebruary 11, 2025SMX Announces Acquisition of cBEYONData
SMX, a leader in next-generation mission support, digital transformation, and IT solutions, today announced the acquisition of cBEYONData. cBEYONData is a provider of implementation, design, and managed service capabilities, as well as a proprietary portfolio of budget management and financial analytics solutions that provide real-time data visibility and transparency to customers within the Department of Defense...
Portfolio Company UpdateFebruary 6, 2025DMI Announces Strategic Divestiture to Sharpen Focus on Digital Transformation and Managed Services
DMI, a leader in digital transformation and managed services, today announced the divestiture of its commerce, marketing & strategy, and digital engineering services segment to Encora, a leader in digital engineering services. The divested segment primarily served commercial clients through a mix of domestic and international delivery. DMI will retain its managed services offering which...
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