Announced

Completed

OceanSound Partners-backed Netrix completed the acquisition of Edrans.

Synopsis

OceanSound Partners-backed Netrix, a provider of cybersecurity and end-to-end IT services, completed the acquisition of Edrans, a solutions provider focused on harnessing the power of the cloud for midsize enterprise clients. Financial terms were not disclosed. "The cloud is a foundational component of digital transformation. Sophisticated cloud capabilities and a global delivery model are critical to Netrix’s strategy of supporting clients as they seek to transform and optimize their businesses and leave behind siloed, inflexible, and expensive IT infrastructure," Russell P. Reeder, Netrix CEO.

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