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Latest news from OceanSound Partners and our portfolio companies

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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...

DMI, a global digital transformation solutions company, today announced that Rocky Thurston has been appointed Chief Executive Officer. Rocky succeeds Sunny Bajaj, the company’s founder, who served as Chief Executive Officer since 2002 and will remain on DMI’s board of directors. Rocky joined DMI as Chief Operating Officer in January 2022 and has worked closely...

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...

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...

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...

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...

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....

Digital Management Holdings, LLC (“DMI” or “the Company”), a global digital transformation solutions company, today announced that it has received a strategic investment from an affiliate of OceanSound Partners, LP (“OceanSound”). OceanSound is a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets. DMI will continue...