OceanSound Partners

We are excited to announce the close of OceanSound Partners Fund II. The successful fund close marks a significant milestone for OceanSound and validates our differentiated investment strategy and our team’s executional capabilities. Click here to learn about the close of our second fund: https://lnkd.in/erC4NKY7 #fundclose #privateequity #growthinvestor #technologyinvestor

We are pleased to support Message Broadcast's acquisitions of AGENT511, following the earlier acquisition of i2sms. Through these transactions, Message Broadcast solidifies its position as the leading provider of customer engagement software for over 60% of the top 25 electric utilities in the U.S. Please read more here: https://lnkd.in/egq5BzZY

We are excited to announce that Dr. David J. Shulkin, former U.S. Secretary of Veterans Affairs, has joined the Board of Directors at PAR Excellence. Dr. Shulkin’s extensive experience in healthcare and government makes him a valuable addition as PAR continues to lead in providing automated inventory management solutions for the healthcare sector. His leadership will help PAR navigate the growing challenges healthcare organizations face in optimizing supply chains and improving patient care. We look forward to the insights and innovation he will bring to PAR. Learn more about this exciting development. #PrivateEquity #Healthcare #SupplyChain #Innovation #Leadership #Growth https://lnkd.in/erGTZw92

This morning PE Hub published an article highlighting OceanSound’s recent investment in PAR Excellence. In the article, OceanSound's Managing Partner, Joe Benavides, shares insights on the market expansion, opportunity for strategic consolidation in the hospital inventory management space, and OceanSound’s plans to transform PAR Excellence into a total cost management solution to allow the healthcare industry to optimize medical supply inventory and costs. The article can be read with a subscription here: https://lnkd.in/eJjjri-u

We are excited to announce the acquisition of PAR Excellence, a leading provider of supply chain integrity and cost management solutions for the healthcare industry. This acquisition marks a new chapter for PAR Excellence, and we are thrilled to partner with Thaddeus MacKrell and the entire team to continue driving innovation in the healthcare supply chain ecosystem. With PAR Excellence's automated supply chain management solutions, healthcare organizations can optimize inventory management, reduce costs, and, most importantly, focus on what matters most—improving patient care. We look forward to supporting PAR Excellence as they continue to lead the way in transforming the U.S. healthcare system. Learn more and click the release below. #Healthcare #SupplyChain #Innovation #Growth https://lnkd.in/eud4999Z

Last week PE Hub published an interview with OceanSound's Managing Partner, Joe Benavides, highlighting Gannett Fleming's transformational acquisition of TranSystems. In the article, Joe provided insights into how OceanSound merged two top engineering consulting firms, its experience investing in highly regulated markets and the state of the infrastructure sector. The article can be read with a subscription here: https://bit.ly/47ltznb

We are excited to announce that Gannett Fleming has completed a strategic merger with TranSystems, creating a leading provider of infrastructure consulting services with approximately $1.3 billion in gross revenue and a highly skilled workforce of more than 5,000 employees. The combined company will have significant capabilities across the transportation, water, environmental and power end markets, enhancing its ability to serve its critical base of government and commercial clients in geographies across North America. https://lnkd.in/g2UJ3bu9 #engineering #transportation #infrastructure #privateequity 

RMA Companies, has added Earth Engineers, an RMA Company, a leading provider of geotechnical engineering, materials testing, and special inspection services in the Pacific Northwest, to its family of companies. Since OceanSound’s investment 3 years ago, RMA has completed 13 add-on acquisitions, as it builds a national platform for #TICC services for critical #infrastructure end-markets. Learn more here: https://lnkd.in/eYGaguQ4

We are pleased to announce the acquisition of Message Broadcast, a leading provider of customer engagement software for electric utilities and other highly regulated industry sectors. We look forward to our partnership with Maulik Datanwala and Energy Impact Partners as the newly independent Message Broadcast begins its next phase of growth and innovation.   Learn more here: https://lnkd.in/ean2469h

Today, OceanSound Partners announced the closing of a $1.15 billion single-asset continuation fund transaction to continue supporting growth at portfolio company SMX.     We're proud to continue supporting SMX's important mission of providing scalable and compliant technology solutions that enable customers to solve complex mission, security, and performance challenges across government and highly regulated enterprise end markets.    Learn more and click the release below.    #PrivateEquity #TechnologyInvestment #GovernmentTech #EnterpriseSolutions