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New Deal


Announced

Completed

OceanSound Partners-backed Netrix completed the acquisition of PSC Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

Digital Services

Private Equity

Majority

United States

Private

Single Bidder

Completed

application development

IT Services: Other

Acquisition

Synopsis

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OceanSound Partners-backed Netrix, a provider of managed and professional IT services, completed the acquisition of PSC Group, a provider of cloud-focused application development & modernization services. Financial terms were not disclosed. “PSC supports an attractive base of midsize and enterprise customers and has a strong track record for properly advising them. The PSC team is full of experts that help their customers understand how to best leverage cloud and data intelligence capabilities to accelerate their digital transformation goals, enabling growth and promoting organizational visibility, resilience and flexibility," Rob Dang, Netrix CEO.

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