Private equity firm OceanSound Partners, which focuses on the middle-market technology sector, recapitalized Smartronix Inc. and Trident Technologies LLC.
Trident Technologies provides advanced engineering, IT, and programmatic and technical services to customers in the U.S. Defense Department. Smartronix offers IT, cloud and intelligence, surveillance and reconnaissance solutions for the Defense Department, as well as federal civilian and commercial customers.
KippsDeSanto & Co. was the exclusive financial adviser to Smartronix. Arena Strategic Advisors provided due diligence and strategy support to Trident and OceanSound. Pillsbury Winthrop Shaw Pittman LLP was legal counsel to Smartronix, while Gibson Dunn & Crutcher LLP and Paul Weiss Rifkind Wharton & Garrison LLP were legal advisers to OceanSound.