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...
Press Releases
Latest news from OceanSound Partners and our portfolio companies
Portfolio Company UpdateMarch 6, 2025RMA Rebrands as Certerra, the Leader in Materials Engineering and Earth Sciences
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...
Portfolio Company UpdateFebruary 11, 2025SMX Announces Acquisition of cBEYONData
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...
Portfolio Company UpdateFebruary 6, 2025DMI Announces Strategic Divestiture to Sharpen Focus on Digital Transformation and Managed Services
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...
Portfolio Company UpdateNovember 19, 2024Antenna Research Associates Announces Appointments of Larry Sala and Rich Sorelle to its Board of Directors
Antenna Research Associates, Inc. (“ARA” or the “Company”), a leading provider of integrated radio frequency (“RF”) and advanced communications products to the aerospace and defense (“A&D”) end-markets, today announced the appointments of experienced industry executives Larry Sala and Rich Sorelle to its Board of Directors. Sala is an Executive Partner at OceanSound Partners and brings nearly...
Gannett Fleming TranSystems, a leading engineering and infrastructure solutions provider, has acquired Muller & Muller Ltd. (“M2”), a Chicago-based architecture firm specializing in design excellence. This marks Gannett Fleming’s fourth strategic acquisition in 16 months and its first since merging with TranSystems. Founded in 1984, M2 provides architecture, planning, and structural engineering services to the...
Message Broadcast, a leading provider of customer engagement software for the electric utility industry, has acquired the utilities business from West Technology Group’s CX360 division (“West Utilities”). Following the previously announced acquisitions of AGENT511 and i2sms, this transaction reflects Message Broadcast’s commitment to building, acquiring, and integrating the best customer engagement solutions, purpose-built for the utility industry. The terms of...
Portfolio Company UpdateNovember 13, 2024Lynx Software Technologies Announces Acquisition of Core Avionics & Industrial
Lynx Software Technologies, Inc. (“Lynx”), a leader in foundational, open architecture software solutions for edge computing, today announced the acquisition of Core Avionics & Industrial, Inc. (“CoreAVI”). CoreAVI is the leading provider of development tools, software libraries, and deployable software packages that enable safety-critical graphics processing unit (“GPU”)-based computing, including certified graphics rendering, autonomy, and...
Transaction AnnouncementOctober 29, 2024OceanSound Partners Acquires Antenna Research Associates, a Leading Provider of Integrated Radio Frequency & Advanced Communications Solutions
OceanSound Partners (“OceanSound”), a growth-oriented private equity firm that invests in technology and technology-enabled services businesses serving government and highly-regulated enterprise end-markets, today announced the completion of its acquisition of Antenna Research Associates, Inc. (“ARA” or the “Company”), a leading provider of integrated radio frequency (“RF”) and advanced communications products to the aerospace and defense (“A&D”) end-markets. ARA’s...
Portfolio Company UpdateOctober 23, 2024SMX Awarded Competitive, Single-Award $3.2B SOCPAC Task Order on AAS ASTRO Contract
SMX®, a leader in next-generation mission support, digital transformation, and IT solutions, announced today that it has been awarded a prime contract to continue its work with Special Operations Command Pacific (SOCPAC) and its mission partners supporting the United States Indo-Pacific Command (USINDOPACOM). With an estimated value of $3.2 Billion (inclusive of option periods), the...
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