News

Latest news from OceanSound Partners and our portfolio companies

OceanSound Partners (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated enterprise end markets, today announced the closing of a $1.15 billion single-asset continuation fund transaction in connection with the sale of its portfolio company, SMX Group, LLC, (“SMX” or “the Company”) from OceanSound Partners Fund, LP. SMX...

Gannett Fleming, a leading engineering and infrastructure solutions provider, announced today that it has acquired DEC (the “Company”), a Texas-based water and transportation engineering services provider. The acquisition will deepen Gannett Fleming’s presence in the state and allow it to serve transportation and water clients on a larger scale. Founded in 1945 and headquartered in...

RMA Companies (“RMA”) today announced the addition of Insight Group, a geotechnical, environmental, and construction-materials engineering consulting firm based in Charleston, South Carolina. This addition marks a significant milestone as RMA expands in the growing Southeastern market in support of its continued strategy to establish a national platform for technology-enabled testing, inspection, and certification capabilities. Insight Group...

Lynx Software Technologies (Lynx), a leader in the development of foundational, open architecture software solutions for the Mission Critical Edge, today announced the acquisition of Thompson Software Solutions, LLC. (TSS), a provider of software development, engineering, and integration solutions to mission-critical aerospace and defense (A&D) platforms, spanning military and commercial fixed- and rotary-wing aircraft, commercial space flight,...

RMA Companies (“RMA”) today announced the acquisition of Rone Engineering (“Rone”), a leading geotechnical engineering, materials testing, and environmental services firm based in Dallas, Texas, to its expanding family of companies. RMA has now completed eleven acquisitions with leading firms throughout the U.S. as it builds a national platform for geotechnical engineering, environmental consulting, construction materials testing, inspection,...

Lynx Software Technologies (Lynx), a leader in the development of foundational, open architecture software solutions for the Mission Critical Edge, today announced the acquisition of Timesys Corporation (Timesys), a provider of development tools, cybersecurity solutions, and differentiated software engineering services for open-source embedded and edge software applications. For over 20 years, Timesys has been an industry...

SMX, a leader in next-generation mission support, digital transformation and IT solutions, today announced the acquisition of Outside Analytics (OA), a trusted software engineering and data analytics partner within the National Security Space community. OA architects and delivers software, analytics, and visualization solutions to address data-driven challenges in the increasingly complex National Security and commercial space-based ecosystem....

SMX (the “Company”), a leader in next-generation mission support, digital transformation and IT solutions, announced today the appointment of Andrew Makridis, former Chief Operating Officer of the Central Intelligence Agency (the “CIA”), to its Board of Directors. Makridis spent nearly four decades of service in the U.S. Intelligence Community and national security establishment, rising to the number...

RMA Companies (“RMA”) today announced the addition of Big Apple Group (“Big Apple”), a leading testing and inspection services firm based in New York, to its family of companies. With this transaction, RMA has successfully partnered with nine firms throughout the United States as it builds a national platform for geotechnical engineering, environmental consulting, construction materials testing, inspection,...