News | Page 9 | OceanSound Partners

Portfolio Company UpdateFebruary 24, 2022RMA Group of Companies Announces the Acquisition of CSI Services

RMA Group of Companies (“RMA”), a portfolio company of OceanSound Partners, today announced that it has acquired Coating Specialists and Inspection Services, Inc. dba CSI Services, Inc. (“CSI”), a specialty coating inspection services business based in Santa Clarita, CA. Following the previously announced merger with Western Technologies (“WT”), the acquisition of CSI is RMA’s second transaction...

Firm UpdateFebruary 8, 2022OceanSound Partners Closes $780 Million Inaugural Fund

NEW YORK–(BUSINESS WIRE)–OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets, today announced the final close of its inaugural fund, OceanSound Partners Fund, LP (the “Fund”), with $780 million in total capital commitments. The Fund closed substantially above its target of $550...

Portfolio Company UpdateJanuary 20, 2022RMA Announces Merger with Western Technologies

RMA Group of Companies (“RMA”), a portfolio company of OceanSound Partners, today announced that it has merged with Western Technologies, Inc. and Enviro-Drill, Inc. (collectively, “Western Technologies” or “WT”) to create a leading provider of technology-enabled laboratory testing, inspection, and quality management services for critical infrastructure end-markets. Ed Lyon, RMA’s President and CEO, will lead...

Portfolio Company UpdateJanuary 19, 2022DMI Appoints Rocky Thurston as Chief Operating Officer

DMI, a global digital transformation solutions company, announced today that Rocky Thurston has joined as Chief Operating Officer. Thurston was previously at Peraton, where he was President of Citizen Security and Public Services. At DMI, Rocky will lead operations and program delivery excellence to drive strategic growth across the commercial and federal segments. “DMI has...

Portfolio Company UpdateJanuary 18, 2022Netrix Acquires BTB Security, a Provider of Cybersecurity and Digital Forensics Solutions

Netrix, LLC, a leading provider of managed and professional IT services, today announced the acquisition of BTB Security, a cybersecurity and digital forensics solutions company. The acquisition strategically expands Netrix’s managed security portfolio and its ability to deliver sophisticated cybersecurity consulting services to small and mid-sized enterprise clients. Financial terms of the transaction were not...

Transaction AnnouncementJanuary 18, 2022CFM Secures Strategic Investment from OceanSound Partners

CFM, a software business driving transformation in retail banking, today announced that it has received a strategic investment from OceanSound Partners (“OceanSound”), a private equity firm investing in technology and technology-enabled services companies serving government and enterprise end markets. CFM will continue to operate under the leadership of the existing management team, led by CEO...

Portfolio Company UpdateJanuary 12, 2022Netrix Announces Appointment of Russell P. Reeder as CEO

Netrix, LLC (“Netrix” or the “Company”), a leading provider of managed and professional IT and cybersecurity solutions, today announced the appointment of Russell P. Reeder as Chief Executive Officer of Netrix. Reeder, who previously served as Executive Chairman of Netrix’s Board of Directors, joins from Infrascale, a cloud-based data protection, backup and disaster recovery solution...

Portfolio Company UpdateDecember 20, 2021DMI, a Global Leader in Intelligent Digital Transformation, Appoints Cybersecurity Industry Leader Chad Sweet to Board of Directors

DMI, a global digital transformation solutions company, today announced the appointment of Chad Sweet to its Board of Directors. Mr. Sweet is the Co-Founder and CEO of The Chertoff Group, a security risk management advisory firm, and brings nearly 30 years of security expertise, technology insights and policy intelligence to the Company’s Board of Directors....

Portfolio Company UpdateNovember 30, 2021Global Technology and Engineering Leader Rebrands as SMX

Smartronix, a leading next-generation cloud, C5ISR, and advanced engineering / IT solutions company, today announced the launch of its new brand, SMX, in line with the company’s vision of delivering transformative technology solutions to government and commercial customers. SMX formed in 2019 when Smartronix and Trident Technologies joined forces, followed by the acquisition of Datastrong...

Portfolio Company UpdateNovember 10, 2021RMA Group of Companies Appoints Michael Della Rocca to the Board of Directors

RMA Group of Companies (collectively, “RMA” or the “Company”), a leading provider of technology-enabled laboratory testing, inspection, and quality management services for critical infrastructure end markets, today announced the appointment of civil engineering industry leader Michael Della Rocca to its Board of Directors. Della Rocca brings over 35 years of experience as a senior executive in...