Press Releases

Latest news from OceanSound Partners and our portfolio companies

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Netrix Global, a leading provider of cybersecurity and digital transformation services, today announced the acquisition of the U.S.-based IT Services business (“ITS” or the “Business”) of Ricoh USA, Inc., a subsidiary of Ricoh Company, Ltd. The acquisition significantly expands Netrix’s market presence across the United States, with additional exposure across the Northeast, Mid-Atlantic, and Southeast...

Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, today announced the acquisition of Farabaugh Engineering and Testing (“Farabaugh”), a specialized provider of product testing, auditing, and engineering services for construction and building components with a growing footprint across the United States. This transaction expands Certerra’s Analytical Labs and Building...

Gannett Fleming TranSystems, a leading engineering and infrastructure solutions provider, today announced that it is rebranding to GFT. The new brand reflects the integration of Gannett Fleming, TranSystems, and five recently acquired businesses into a unified national platform that delivers best-in-class infrastructure consulting services to more than 5,000 public- and private-sector clients across North America....

Lynx Software Technologies, Inc. (“Lynx” or the ”Company”), a leader in foundational, open architecture software solutions for edge computing, today announced the appointment of James H. Dickinson, a retired Army general officer and distinguished military leader with extensive expertise in space, missile defense, and strategic operations, to its Board of Directors. Jim joins the board...

Gannett Fleming TranSystems, a leading provider of engineering and infrastructure solutions, has acquired Scalar Consulting Group Inc. (“Scalar”), a Florida-based firm specializing in transportation engineering and infrastructure services. The acquisition deepens Gannett Fleming TranSystems’ presence in Florida and broadens its suite of transportation and construction engineering & inspection (“CE&I”) offerings, primarily serving government agencies and commercial...

Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, today announced the acquisition of Tierra, Inc. (“Tierra”), a highly respected geotechnical and materials engineering firm with 27+ years of experience serving government agencies and private sector clients in Florida. The addition of Tierra strengthens Certerra’s presence in the Southeast and...

PAR Excellence Systems Inc. (“PAR”), a leading provider of supply chain integrity and cost management solutions to the healthcare industry, and TrackCore, Inc. (“TrackCore”), a leader in automated biological tissue and implantable device tracking and compliance software-based solutions, today announced that they have completed a strategic combination. Following PAR’s recent acquisition of NotiSphere in January 2025, this transaction...

Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, has rebranded from the RMA Companies. The new corporate identity unites 16 businesses that have joined together under shared values and a common purpose: helping ensure that our communities are built to last as the partner of choice in materials engineering...

SMX, a leader in next-generation mission support, digital transformation, and IT solutions, today announced the acquisition of cBEYONData. cBEYONData is a provider of implementation, design, and managed service capabilities, as well as a proprietary portfolio of budget management and financial analytics solutions that provide real-time data visibility and transparency to customers within the Department of Defense...

DMI, a leader in digital transformation and managed services, today announced the divestiture of its commerce, marketing & strategy, and digital engineering services segment to Encora, a leader in digital engineering services. The divested segment primarily served commercial clients through a mix of domestic and international delivery. DMI will retain its managed services offering which...