OceanSound Partners completed the investment in CFM.

OceanSound Partners, a middle-market private equity firm, completed the investment in CFM, a software business driving transformation in retail. Financial terms were not disclosed. “Since 2006, CFM’s mission has been to help banks and credit unions transform their retail strategy through technology. Our software products are driving the adoption of tablet-based service models, universal associates, self-service kiosks, and micro-branches, so financial institutions can deliver an enhanced in-branch experience to their clients and realize significant cost savings. With several market tailwinds behind us, we sought a partner that could help us capitalize on long-term secular trends, drive continued innovation across our product portfolio, and grow our talented team," John W. Smith, CFM CEO.