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Announced

Completed

OceanSound Partners-backed Lynx Software Technologies completed the acquisition of Thomspon Software Solutions.

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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aerospace and defense

Software

United States

Acquisition

Domestic

Majority

Private

Completed

Friendly

Private Equity

Single Bidder

Synopsis

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OceanSound Partners-backed Lynx Software Technologies, a foundational, open architecture software solutions developer, completed the acquisition of Thomspon Software Solutions, a provider of software development, engineering, and integration solutions. Financial terms were not disclosed. “The TSS team has built the company on a solid foundation of trusted customer relationships, innovative and cutting-edge technical capabilities, and flawless execution. With TSS’s high-value and differentiated software development and integration capabilities, we will be better equipped to enable aerospace and defense OEMs and prime integrators to accelerate the design, development, and deployment of their products and platforms. As we end 2023, Lynx’s portfolio of solutions spans from the operating system to the application layer, certifiable real-time, to general purpose and open-source, and from commercial-off-the-shelf (“COTS”) to government-off-the-shelf (“GOTS”) software products. I’m thrilled to work with Les and the TSS team as we continue delivering comprehensive and unique software-enabled solutions to customers whose needs extend from the development pipeline to the Mission Critical Edge,” Tim Reed, Lynx CEO.

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