News | Page 10 | OceanSound Partners

Portfolio Company UpdateDecember 22, 2020Netrix acquires the IT Services Business Unit of Prosum

Netrix, LLC, a leading, national provider of IT managed and professional services with a core focus on the Microsoft ecosystem, today announced the acquisition of the Microsoft Consulting and Managed Services Business Unit of Prosum, Inc. The acquisition expands Netrix’s presence on the West Coast, deepens its IT managed services business, and strengthens its Microsoft services...

Transaction AnnouncementAugust 6, 2020Netrix Recapitalized by OceanSound Partners

Netrix, LLC today announced that an affiliate of OceanSound Partners, LP has recapitalized the company. OceanSound is a growth-focused, middle-market private equity firm investing in technology and technology-enabled services companies operating in enterprise, government, and industrial end markets. Terms of the transaction were not disclosed.

Portfolio Company UpdateJuly 29, 2020OceanSound Partners Announces Appointment of Peter LaMontagne as CEO of Smartronix and Trident Technologies

OceanSound Partners, LP ("OceanSound") today announced the appointment of Peter B. LaMontagne as Chief Executive Officer (“CEO”) of Smartronix, LLC ("Smartronix") and Trident Technologies, LLC ("Trident") (collectively, the “Company”). He succeeds John Parris, who co-founded Smartronix in 1995, operated as CEO of Smartronix since 2007 and both companies since December 2019. Mr. Parris will serve as Vice Chairman of the Company going forward.

Transaction AnnouncementJanuary 17, 2020OceanSound Partners Announces Strategic Investments to Create Leading Government Technology Business

OceanSound Partners, LP (“OceanSound”), a private equity firm focused on making control investments in middle-market technology and technology-enabled companies, today announced the recapitalizations of Smartronix, Inc. (“Smartronix”) and Trident Technologies, LLC (“Trident”).