News | Page 8 | OceanSound Partners

Portfolio Company UpdateOctober 27, 2022DMI Announces the Acquisition of the Ambit Group

DMI, a global leader in digital transformation services, announced today that it has acquired the Ambit Group LLC (“Ambit”), a leading provider of data analytics, cybersecurity, and mission support services to the U.S. Government. The acquisition will further enhance DMI’s comprehensive suite of digital services and expand its portfolio of customers and contract vehicles in...

Portfolio Company UpdateOctober 23, 2022SMX Awarded Competitive $2.3B U.S. Africa Command ARIES Task Order

SMX, a leader in Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR), next-generation cloud, and advanced engineering and information technology (IT) solutions, announced today that it has been awarded a prime contract to continue its support of U.S. Africa Command (USAFRICOM) ISR mission operations and intelligence analysis. With an estimated value of $2.3...

Portfolio Company UpdateOctober 13, 2022Lynx Software Technologies Announces Appointment of Al Maillet as Chief Revenue Officer

Lynx Software Technologies (“Lynx” or the” Company”), a developer of open architecture software solutions for mission critical embedded systems, today announced the appointment of Al Maillet as Chief Revenue Officer. Maillet was previously with Mercury Systems, a global commercial technology company serving the aerospace and defense industry, where he served as the Vice President of...

Firm UpdateOctober 10, 2022OceanSound’s Benavides on Raising a First-Time Fund in a Pandemic

Portfolio Company UpdateSeptember 21, 2022Lynx Software Technologies Announces Appointment of Michel Genard and Ed Dolanski to its Board of Directors

Lynx Software Technologies (“Lynx” or the” Company”), a developer of open architecture software solutions for mission critical embedded systems, today announced the appointments of experienced industry executives Michel Genard and Ed Dolanski to its Board of Directors. Genard brings over three decades of experience working with embedded software companies, most recently serving as Vice President of Product Management at Wind...

Portfolio Company UpdateJune 29, 2022Lynx Software Technologies Announces Appointment of Tim Reed as CEO

Lynx Software Technologies (“Lynx” or the” Company”), a developer of open architecture software solutions for mission critical embedded systems, today announced the appointment of Tim Reed as Chief Executive Officer. Reed was previously with Green Hills Software, an established provider of embedded safety and security solutions, where he served as the Senior Vice President of the...

Transaction AnnouncementJune 23, 2022Lynx Software Technologies Receives Strategic Investment from OceanSound Partners

Lynx Software Technologies (“Lynx”), a developer of open architecture software solutions for mission critical embedded systems, today announced it has received a strategic investment from affiliates of OceanSound Partners, LP (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets. Based in San Jose, California, Lynx...

Portfolio Company UpdateApril 5, 2022DMI Announces the Acquisition of Aurotech

DMI, a global provider of digital transformation services, announced today that it has acquired Aurotech, a provider of data science and engineering services to the federal civilian and healthcare communities. The acquisition adds to DMI’s extensive portfolio of transformation services, deepens its technical capabilities in data & analytics, and broadens its customer base in high...

Firm UpdateApril 1, 2022OceanSound Partners: Building a Firm and Raising an Oversubscribed Fund I Against All Odds

When OceanSound Partners announced the close of its inaugural fund with $780 million in total capital commitments and $1.15 billion in regulatory assets under management earlier this year, the firm raised the largest Latino-led first-time private equity fund. And this was accomplished amid a pandemic.

Portfolio Company UpdateMarch 17, 2022Netrix Acquires Digital Solutions Provider Edrans in Move to Expand Its Global Cloud Offerings

Netrix, award-winning provider of cybersecurity and end-to-end IT services, announced today the acquisition of Edrans, a solutions provider focused on harnessing the power of the cloud for midsize enterprise clients. The acquisition brings substantial scale to Netrix’s cloud solutions portfolio and adds advanced technical capabilities to better serve the company’s growing global customer base. Joining...