OceanSound Partners Makes Strategic Investment in Digital Management Holdings (DMI)

RKD Group Acquires Data Management, Inc. (DMI)

November 16, 2020

Data & Analytics

RKD Group, a Dallas-based provider of fundraising and marketing solutions for nonprofit organizations, has acquired Data Management, Inc. (DMI), a North Carolina data services company. DMI will operate within RKD Insights to expand RKD’s data management, reporting and analytic capabilities for nonprofit fundraising and marketing, maintaining existing client integrations with CRMs such as Blackbaud and Salesforce.

Bochi Investments Acquires Diversified Marine, Inc

July 9, 2025

Manufacturing

Bochi Investments, a Pacific Northwest private equity firm based in Lake Oswego, Oregon, has completed a platform acquisition of Diversified Marine, Inc (DMI), a Portland-based shipbuilder and shipyard services provider founded by Kurt Redd. DMI president Frank Manning will be elevated to owner and CEO as part of a management partnership; Umpqua Bank provided debt financing and legal advisors included McGuire Woods (for Bochi) and Miller Nash (for the Redd family).

DMI Acquires The Ambit Group

October 27, 2022

IT Services

DMI, a Bethesda-based digital transformation services firm and portfolio company of OceanSound Partners, has acquired The Ambit Group LLC, a provider of data analytics, cybersecurity, and mission support services to U.S. federal agencies. The deal strengthens DMI's capabilities and contract portfolio in federal civilian and defense markets; terms were not disclosed.

OceanSound Partners Makes Strategic Growth Investment in CFM

January 18, 2022

Software

OceanSound Partners has made a strategic investment in CFM, a Tempe-based software provider that builds branch and teller automation and analytics solutions for banks and credit unions. The capital will support CFM’s product development, partnerships and potential acquisitions while the company continues to be led by CEO John W. Smith.

Brightstone Specialty Group Acquires DMI Insurance Services and South Valley Claims

December 5, 2024

Insurance

Brightstone Specialty Group, a subsidiary of Highstreet Insurance Partners, has acquired Austin-based DMI Insurance Services and sister company South Valley Claims. The deal brings specialty program administration and claims capabilities for the independent automotive dealer market into Brightstone's specialty underwriting and services platform to expand its product offerings and U.S. footprint.

BPP Acquires Digital Marketing Institute

February 8, 2023

Education

BPP has acquired Digital Marketing Institute (DMI), a Dublin-founded provider of digital marketing training and a global certification standard, expanding BPP’s offerings into digital marketing education and direct-to-consumer online courses. The acquisition gives BPP ownership of a certification standard, access to a high-growth vertical and a new channel for online course provision to expand into new geographies and markets.