OCEANSOUND PARTNERS


Associated tags: Partner, Government, Professional Services, Engineering, Software, Finance, Transport, RMA, Construction & Property

Locations: HOLLYWOOD, MD, US, PHILADELPHIA, VIRGINIA, TEXAS, RONE, COLORADO, GEORGIA, UNITED STATES, NORTH AMERICA, NEW YORK, MIDDLE EAST, EUROPE, CANADA, CALIFORNIA

OceanSound Acquires Message Broadcast in Partnership with EIP

Retrieved on: 
Thursday, April 11, 2024

Message Broadcast (the “Company”), a leading provider of customer engagement software for the electric utility industry, today announced that OceanSound Partners (“OceanSound”), in partnership with Energy Impact Partners (“EIP”), has acquired the Company from LINK Mobility (OB:LINK).

Key Points: 
  • Message Broadcast (the “Company”), a leading provider of customer engagement software for the electric utility industry, today announced that OceanSound Partners (“OceanSound”), in partnership with Energy Impact Partners (“EIP”), has acquired the Company from LINK Mobility (OB:LINK).
  • Founded in 1998, Message Broadcast develops customer engagement software for utilities and other highly regulated industry sectors, including financial services, telecommunications, and healthcare.
  • “Message Broadcast addresses these increasing requirements with workflows that provide assurance during emergency power outages, which have immense public and regulatory scrutiny.
  • “We are delighted to welcome Maulik as the new CEO of Message Broadcast,” said Parin Shah, Principal at OceanSound.

OceanSound Partners Closes $1.15 Billion Single-Asset Continuation Transaction in Partnership with Apollo S3 to Support the Continued Growth of SMX

Retrieved on: 
Tuesday, April 2, 2024

OceanSound will anchor the transaction alongside a new continuation fund managed by OceanSound.

Key Points: 
  • OceanSound will anchor the transaction alongside a new continuation fund managed by OceanSound.
  • Apollo S3 is the lead investor in the continuation fund, which is supported by new and current limited partners.
  • The continuation fund will provide incremental capital to support the continued execution of the Company’s acquisition strategy.
  • Founded in 1995 and based in the Washington, D.C. area, SMX is a leader in next-generation mission support and digital transformation solutions.

Gannett Fleming Acquires Texas-Based Water & Transportation Engineering Company DEC

Retrieved on: 
Monday, March 18, 2024

Gannett Fleming , a leading engineering and infrastructure solutions provider, announced today that it has acquired DEC (the “Company”), a Texas-based water and transportation engineering services provider.

Key Points: 
  • Gannett Fleming , a leading engineering and infrastructure solutions provider, announced today that it has acquired DEC (the “Company”), a Texas-based water and transportation engineering services provider.
  • The acquisition will deepen Gannett Fleming’s presence in the state and allow it to serve transportation and water clients on a larger scale.
  • Founded in 1945 and headquartered in Houston, DEC is a civil engineering firm with expertise in transportation, water, wastewater, and hydrology.
  • The Company specializes in safe water and wastewater systems, subsidence projects, drainage improvements, program management, and highway design for federal, state, local, and private sector clients.

OceanSound Partners Hires Julie Marracino to Lead Investor Relations

Retrieved on: 
Tuesday, January 30, 2024

OceanSound Partners (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and highly-regulated enterprise end-markets, today announced it has hired Julie Marracino as Principal of Investor Relations.

Key Points: 
  • OceanSound Partners (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and highly-regulated enterprise end-markets, today announced it has hired Julie Marracino as Principal of Investor Relations.
  • Ms. Marracino will be responsible for OceanSound’s investor relations and fundraising activities.
  • View the full release here: https://www.businesswire.com/news/home/20240130732222/en/
    Julie Marracino, Principal of Investor Relations at OceanSound Partners (Photo: Business Wire)
    “We are excited to welcome Julie Marracino to OceanSound as the newest addition to our team.
  • She brings proven investor relations experience to our firm from a lengthy career in private equity capital formation and client services,” said Joe Benavides , Managing Partner of OceanSound Partners.

Lynx Software Technologies Announces Acquisition of Thompson Software Solutions

Retrieved on: 
Tuesday, January 9, 2024

Lynx Software Technologies (Lynx), a leader in the development of foundational, open architecture software solutions for the Mission Critical Edge, today announced the acquisition of Thompson Software Solutions, LLC.

Key Points: 
  • Lynx Software Technologies (Lynx), a leader in the development of foundational, open architecture software solutions for the Mission Critical Edge, today announced the acquisition of Thompson Software Solutions, LLC.
  • Since its founding in 2004, TSS has delivered technical capabilities and strategic insights to enable innovative software products requiring the highest reliability, security, and performance standards.
  • TSS’s Chief Executive Officer, Les Thompson, and Chief Strategy Officer, Patrick McClellen, have taken on senior roles within Lynx following the close of the transaction.
  • The combination of Lynx and TSS creates a scaled provider of mission-critical software solutions for customers with complex interoperability, safety, and security challenges.

SMX Announces Acquisition of Outside Analytics

Retrieved on: 
Thursday, November 16, 2023

HERNDON, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- SMX , a leader in next-generation mission support, digital transformation and IT solutions, today announced the acquisition of Outside Analytics (OA), a trusted software engineering and data analytics partner within the National Security Space community.

Key Points: 
  • HERNDON, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- SMX , a leader in next-generation mission support, digital transformation and IT solutions, today announced the acquisition of Outside Analytics (OA), a trusted software engineering and data analytics partner within the National Security Space community.
  • OA architects and delivers software, analytics, and visualization solutions to address data-driven challenges in the increasingly complex National Security and commercial space-based ecosystem.
  • OA adds to SMX valuable new national security space market clients as well as advanced capabilities including software engineering, sensor data processing, and data analytics and visualization.
  • With Outside Analytics, we have found an outstanding nexus of technical capability, mission focus, and client connectivity.

RMA Companies Acquires Rone Engineering

Retrieved on: 
Thursday, December 14, 2023

RMA Companies (“RMA”) today announced the acquisition of Rone Engineering (“Rone”), a leading geotechnical engineering, materials testing, and environmental services firm based in Dallas, Texas, to its expanding family of companies.

Key Points: 
  • RMA Companies (“RMA”) today announced the acquisition of Rone Engineering (“Rone”), a leading geotechnical engineering, materials testing, and environmental services firm based in Dallas, Texas, to its expanding family of companies.
  • “The addition of Rone to the RMA family marks our seventh acquisition of 2023, which has been a monumental year of growth,” said Ed Lyon, CEO of RMA.
  • The combination of our firms will create exciting opportunities for both our clients and our employees.”
    “Our team at Rone Engineering is thrilled to join the RMA family of companies,” said Richard Leigh.
  • This is an exciting next chapter for Rone!”
    Citizens M&A Advisory served as exclusive financial advisor to Rone Engineering.

Lynx Software Technologies Announces Acquisition of Timesys Corporation

Retrieved on: 
Tuesday, December 12, 2023

Lynx Software Technologies (Lynx) , a leader in the development of foundational, open architecture software solutions for the Mission Critical Edge, today announced the acquisition of Timesys Corporation (Timesys) , a provider of development tools, cybersecurity solutions, and differentiated software engineering services for open-source embedded and edge software applications.

Key Points: 
  • Lynx Software Technologies (Lynx) , a leader in the development of foundational, open architecture software solutions for the Mission Critical Edge, today announced the acquisition of Timesys Corporation (Timesys) , a provider of development tools, cybersecurity solutions, and differentiated software engineering services for open-source embedded and edge software applications.
  • For over 20 years, Timesys has been an industry leader, helping customers build, secure, test, and maintain Linux-based and other open-source edge and embedded software solutions.
  • “Lynx’s mission is to improve the economics of designing, deploying, and servicing high-assurance edge software solutions,” commented Tim Reed , Chief Executive Officer of Lynx.
  • I’m thrilled to welcome the Timesys team to the Lynx family.”
    The combination of Lynx and Timesys creates a scaled software solution provider focused on Mission Critical Edge and embedded software applications for customers with the most demanding reliability, security, and interoperability needs.

SMX Appoints Andrew Makridis Former Chief Operating Officer of the Central Intelligence Agency to its Board of Directors

Retrieved on: 
Wednesday, November 15, 2023

SMX (the “Company”), a leader in next-generation mission support, digital transformation and IT solutions, announced today the appointment of Andrew Makridis , former Chief Operating Officer of the Central Intelligence Agency (the “CIA”), to its Board of Directors.

Key Points: 
  • SMX (the “Company”), a leader in next-generation mission support, digital transformation and IT solutions, announced today the appointment of Andrew Makridis , former Chief Operating Officer of the Central Intelligence Agency (the “CIA”), to its Board of Directors.
  • Makridis spent nearly four decades of service in the U.S. Intelligence Community and national security establishment, rising to the number three position at the CIA until his retirement at the end of 2022.
  • As Chief Operating Officer, Makridis was responsible for managing the CIA’s day-to-day operations, including budgeting, personnel-related issues, resource management, security and information technology, and developing the multi-year strategy for fulfilling the agency’s primary mission as the nation’s first line of defense.
  • Among his many other distinguishments, Makridis was awarded the CIA’s George H.W.

Big Apple Group Joins RMA Companies

Retrieved on: 
Wednesday, October 25, 2023

RMA Companies (“RMA”) today announced the addition of Big Apple Group (“Big Apple”), a leading testing and inspection services firm based in New York, to its family of companies.

Key Points: 
  • RMA Companies (“RMA”) today announced the addition of Big Apple Group (“Big Apple”), a leading testing and inspection services firm based in New York, to its family of companies.
  • Big Apple will operate as a business unit of RMA and continue providing exceptional service to its clients.
  • Big Apple also supports our geographic expansion strategy by solidifying RMA’s growing presence in key markets.”
    “I am excited to work with RMA during this next chapter of growth for Big Apple,” said Joe Lowy.
  • Raymond James & Associates, Inc. served as financial advisor, and Taft Stettinius & Hollister LLP served as legal advisor to Big Apple.