News | Page 8 | OceanSound Partners

Portfolio Company UpdateFebruary 22, 2023RMA Announces the Acquisition of GeoTest

RMA Companies (“RMA”) today announced that it has acquired GeoTest Services, Inc. (“GeoTest”), a leading provider of geotechnical, environmental, materials testing, specialty inspection, and building science services in the Pacific Northwest. Since December 2021, RMA has completed six acquisitions, as it executes an aggressive growth strategy to build a national platform for testing and inspection services. Terms of...

Portfolio Company UpdateJanuary 26, 2023CFM and NXTsoft Announce Strategic Combination

OceanSound Partners, a growth-oriented private equity firm, today announced that its portfolio company, CFM, has merged with NXTsoft. The combination creates the leading provider of API connectivity, workflow automation, and data analytics software for financial institutions. Simultaneously, NXTsoft completed its previously announced separation from ThreatAdvice, a cybersecurity solutions business. Terms of the transaction were not disclosed. Together,...

Portfolio Company UpdateJanuary 24, 2023DMI Announces Acquisition of Simplex Mobility

DMI, a global leader in digital transformation and managed services, announced today that it has acquired Simplex Mobility (“Simplex” or the “Company”), a leading provider of asset and expense management software. Simplex provides a centralized platform that manages all aspects of a customer’s mobile ecosystem including inventory management, help desk support, and cost optimization. For...

Portfolio Company UpdateJanuary 18, 2023Gannett Fleming Appoints Michael Della Rocca to its Board of Directors

Gannett Fleming (the “Company”), a leading engineering and infrastructure solutions provider, announced today the appointment of engineering industry leader Michael Della Rocca to its Board of Directors. Della Rocca brings over 35 years of experience as a senior executive in the engineering and construction industry. Prior to his appointment to Gannett Fleming’s Board of Directors,...

Portfolio Company UpdateJanuary 17, 2023RMA Announces the Acquisition of C Below

RMA Companies (“RMA”) today announced that it has acquired C Below, Inc. dba C Below Subsurface Imaging (“C Below”), a provider of technology-enabled underground utility locating services. As part of the transaction, C Below’s operations will be merged with RMA’s SiteScan Subsurface Imaging business (“SiteScan”) under the leadership of Chris Loera, C Below’s CEO. Since December 2021, RMA...

Portfolio Company UpdateJanuary 11, 2023Massive Transformation Presents Opportunities: OceanSound Partners Benavides

Transaction AnnouncementJanuary 9, 2023Gannett Fleming Announces Strategic Investment from OceanSound Partners

Gannett Fleming (the “Company”), a leading engineering and infrastructure solutions provider, announced today it received a strategic investment from OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end-markets. Gannett Fleming will continue to operate under the leadership of its existing management team, who...

Portfolio Company UpdateJanuary 6, 2023Lynx Software Technologies Appoints Ryan D. McCarthy, former Secretary of the U.S. Army, to its Board of Directors

Lynx Software Technologies (“Lynx” or the ”Company”), a leader in the development of open architecture software solutions for mission critical embedded systems, today announced the appointment of Ryan D. McCarthy, who has deep experience across the defense and policy space, to its Board of Directors. McCarthy joins the board of Lynx after serving as 24th Secretary of...

Portfolio Company UpdateDecember 6, 2022RMA Companies Announces the Acquisition of Northwest Geotechnical Consultants

RMA Companies (“RMA”) today announced that it has acquired Northwest Geotechnical Consultants, Inc. dba Northwest Geotech (“NGI”), a provider of geotechnical engineering, environmental consulting, construction inspection, and construction materials testing services. The acquisition of NGI is RMA’s third transaction since December 2021, as it executes an acquisition-driven growth strategy to build a national testing and inspection...

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...