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Portfolio Company UpdateDecember 12, 2023Lynx Software Technologies Announces Acquisition of Timesys Corporation

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...

Portfolio Company UpdateNovember 16, 2023SMX Announces Acquisition of Outside Analytics

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....

Portfolio Company UpdateNovember 16, 2023SMX Appoints Andrew Makridis Former Chief Operating Officer of the Central Intelligence Agency to its Board of Directors

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...

Portfolio Company UpdateOctober 27, 2023Big Apple Group Joins RMA Companies

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,...

Portfolio Company UpdateOctober 13, 2023SMX Announces Acquisition of Creoal Consulting

SMX, a leader in next-generation mission support, digital transformation and IT solutions, today announced the acquisition of Creoal Consulting (Creoal), an innovative solution provider specializing in digital transformation solutions with a sharp focus on migrating Oracle enterprise applications to cloud-native Software-as-a-Service (SaaS) offerings, including Enterprise Resource Planning (ERP), Human Capital Management (HCM), Supply Chain Management...

Portfolio Company UpdateOctober 11, 2023TA Associates Joins OceanSound Partners to Accelerate Growth and Innovation at Kinective

Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, today announced that it will receive a strategic investment from TA Associates (“TA”) and existing investor OceanSound Partners (“OceanSound”). This transaction will enable Kinective to bolster product innovation, increase investment in sales and support resources, and deliver enhanced value to its customers. Upon completion of...

Firm UpdateSeptember 14, 2023OceanSound Partners Adds Seven New Professionals to its Growing Team

OceanSound Partners (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets, today announced the addition of seven professionals to support the firm’s growth in regulatory assets under management (“RAUM”), portfolio companies and investment activity. The firm currently manages more than $1.8bn in RAUM, has seven...

Portfolio Company UpdateAugust 1, 2023Gannett Fleming Acquires DiGioia Gray

Gannett Fleming, a leading provider of engineering and infrastructure solutions, announced today that it has acquired DiGioia Gray (the “Company”), a provider of power delivery, geosciences, geotechnical, and civil engineering solutions. The acquisition will deepen Gannett Fleming’s existing transmission and substation engineering offering and allow Gannett Fleming to serve power and utility clients on a...

Portfolio Company UpdateJuly 13, 2023Kinective Strengthens Leadership Team with Key Hires

Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, today announced the appointment of three executives to support its continued growth, product innovation, and market leadership. The company has hired Chris Legros as Chief Financial Officer, Chuck McDowell as Executive Vice President of Services, and Dan Snyder as Executive Vice President of Product. Kinective was recently formed through...

Portfolio Company UpdateJune 6, 2023Kinective Formed Through Strategic Combination of CFM, NXTsoft, and IMM

Kinective, a leading provider of connectivity, workflow, and analytics software for the banking sector, today announced its formation through the combination of CFM, NXTsoft, and IMM. Kinective delivers the most comprehensive, open, and connected technology ecosystem in banking. Across offices in Phoenix, Orlando, and New Jersey, its 300 team members serve more than 2,500 customers,...