News | Page 3 | OceanSound Partners

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...

Firm UpdateFebruary 4, 2025OceanSound Announces Promotions and New Hires

OceanSound Partners (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated end markets, today announced that it has promoted three individuals and added eight new hires across its investment, portfolio ownership, and operations teams. OceanSound currently manages more than $4.4 billion in Regulatory Assets Under Management and...

Firm UpdateDecember 4, 2024OceanSound leverages conveyor belt approach on government tech

In a world in geopolitical flux, marked by escalating tensions with China, the US government is spending heavily on hardware and software that can shield the country from potential threats. These efforts are fueling private equity investment in a range of mission-critical technologies.

Portfolio Company UpdateDecember 3, 2024Gannett Fleming TranSystems Acquires Muller & Muller Ltd.

Gannett Fleming TranSystems, a leading engineering and infrastructure solutions provider, has acquired Muller & Muller Ltd. (“M2”), a Chicago-based architecture firm specializing in design excellence. This marks Gannett Fleming’s fourth strategic acquisition in 16 months and its first since merging with TranSystems. Founded in 1984, M2 provides architecture, planning, and structural engineering services to the...

Portfolio Company UpdateNovember 21, 2024Message Broadcast Acquires West’s Utilities Business

Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group’s CX360 division (“West Utilities”). Following the previously announced acquisitions of AGENT511 and i2sms, this transaction reflects Message Broadcast’s commitment to building, acquiring, and integrating the best customer engagement solutions, purpose-built for the utility industry. The terms...

Portfolio Company UpdateNovember 19, 2024Antenna Research Associates Announces Appointments of Larry Sala and Rich Sorelle to its Board of Directors

Antenna Research Associates, Inc. (“ARA” or the “Company”), a leading provider of integrated radio frequency (“RF”) and advanced communications products to the aerospace and defense (“A&D”) end-markets, today announced the appointments of experienced industry executives Larry Sala and Rich Sorelle to its Board of Directors. Sala is an Executive Partner at OceanSound Partners and brings nearly...

Firm UpdateNovember 19, 2024OceanSound Partners: US DoD’s desire to counter adversaries opens opportunities for PE

Portfolio Company UpdateNovember 19, 2024Message Broadcast Acquires West’s Utilities Business

Portfolio Company UpdateNovember 13, 2024Lynx Software Technologies Announces Acquisition of Core Avionics & Industrial

Lynx Software Technologies, Inc. (“Lynx”), a leader in foundational, open architecture software solutions for edge computing, today announced the acquisition of Core Avionics & Industrial, Inc. (“CoreAVI”). CoreAVI is the leading provider of development tools, software libraries, and deployable software packages that enable safety-critical graphics processing unit (“GPU”)-based computing, including certified graphics rendering, autonomy, and...

Transaction AnnouncementOctober 29, 2024OceanSound Partners Acquires Antenna Research Associates, a Leading Provider of Integrated Radio Frequency & Advanced Communications Solutions

OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services businesses serving government and highly-regulated enterprise end-markets, today announced the completion of its acquisition of Antenna Research Associates, Inc. (“ARA” or the “Company”), a leading provider of integrated radio frequency (“RF”) and advanced communications products to the aerospace and defense (“A&D”) end-markets. ARA’s...