Infosys to Acquire Stratus to Accelerate AI-Led Transformation

SMART Global Holdings Acquires Stratus Technologies

June 29, 2022

IT Services

SMART Global Holdings, Inc. (SGH) entered into a definitive agreement to acquire Stratus Technologies for $225 million in cash at closing, plus an earn-out of up to $50 million tied to Stratus gross profit performance over the first 12 fiscal months after closing. SGH expects the closing to occur in the second half of calendar year 2022 and plans to integrate Stratus into its Intelligent Platform Solutions (IPS) group.

New Heritage Capital Invests in Stratus Technology Services

March 8, 2023

IT Services

New Heritage Capital has made a growth investment in Stratus Technology Services through its Private IPO structure, allowing Stratus management to retain operating control while gaining capital to accelerate growth. The investment will support Stratus's expansion of delivery teams and capabilities—particularly cloud implementations and migrations—across its global technology services footprint, which includes strong expertise serving the P&C insurance market and Guidewire platform users.

Vestar Capital Partners Acquires Stratus from Arcapita

July 7, 2021

Industrial Services

Vestar Capital Partners has acquired Stratus, a Mentor, Ohio–based brand implementation and facilities services provider, from Arcapita Group Holdings. Stratus' founder and CEO Tim Eippert and the senior leadership team will remain and reinvest in the company while Arcapita will retain a minority stake; financial terms were not disclosed.

Brightstar Capital Partners Acquires Stratus Team, LLC

July 1, 2024

Engineering Services

Brightstar Capital Partners, a middle-market private equity firm, has completed the acquisition of Stratus Team, LLC from Godspeed Capital Management LP. The transaction positions Brightstar to scale Stratus — a multi-disciplinary engineering, architecture, and consulting platform — through organic growth and M&A to expand its capabilities and presence across public and private sector end markets, particularly in the U.S. Southeast.

NDH Advisors (Unity Partners Portfolio) Acquires Stratus Group LLC

November 21, 2023

Accounting & Tax

NDH Advisors LLC, a Chicago-headquartered accounting firm backed by private equity firm Unity Partners LP, has completed the acquisition of Stratus Group LLC, a Leawood, Kansas-based tax and accounting firm. Terms were not disclosed; Stratus employees will join NDH's Employee Purpose Plan as part of NDH's strategy to expand its footprint and service offerings in the Kansas City region.

Stratus (Godspeed Capital-backed) Acquires Morris & Associates, Engineers, LLC

January 24, 2023

Engineering Services

Godspeed Capital-backed Stratus has acquired Morris & Associates, Engineers, LLC, a Houston-based engineering and architectural firm specializing in fuel system design, permitting, and drone/3D laser surveying. The acquisition adds a 16-person team and expands Stratus' capabilities and access to Texas DOT, Department of Defense, and retail fuel clients as part of its add-on growth strategy in the Southeastern United States.