News | Page 9 | OceanSound Partners

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...

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...