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Announced

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OceanSound Partners completed the investment in Gannett Fleming.

Synopsis

OceanSound Partners, a growth-oriented private equity firm, completed the investment in Gannett Fleming, a engineering and infrastructure solutions provider. Financial terms were not disclosed. "The need for sustainable infrastructure optimizing total lifecycle cost of ownership is becoming more urgent as climate change accelerates and decades of underinvestment in critical infrastructure accumulates. Gannett Fleming has differentiated technology-enabled solutions spanning transportation, electrification, and water management that make them well-positioned to capitalize on growth of the infrastructure services market," Joe Benavides, OceanSound Managing Partner.

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