Vervint (formerly OST) Acquires Stratum Technology

Open Systems Technologies Acquires Stratum Technology

January 28, 2022

IT Services

Open Systems Technologies (OST), a commercial IT subsidiary of Koniag, acquired Texas-based cloud service provider Stratum Technology. The acquisition expands OST's cloud and managed services capabilities—notably AWS and Microsoft Azure expertise—and strengthens its healthcare cloud practice for Epic implementations.

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.

GoodSuite Acquires Strata IT

September 14, 2022

IT Services

GoodSuite has acquired Strata IT, a Los Angeles–based provider of enterprise-level managed IT services. The deal expands GoodSuite’s managed IT capabilities (help desk, onsite, cybersecurity, disaster recovery, cloud migration, VoIP) and broadens its customer base and regional reach in Southern California.

VitalHub Acquires Strata Health Solutions

October 29, 2024

Healthcare Services

VitalHub Corp. has acquired Strata Health Solutions Inc., a Canada-based provider of patient flow and electronic referral software, for total up-front consideration of C$32.3 million plus potential performance-based consideration. The deal expands VitalHub’s healthcare software capabilities into the electronic referral and transitions-of-care market and adds Strata Health’s global customer footprint and recurring revenue base.

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.

Altamira Technologies Acquires Virginia Systems & Technology (VaST)

March 1, 2023

Aerospace & Defense

Altamira Technologies Corporation has completed the acquisition of Virginia Systems & Technology, Inc. (VaST), a Warrenton, Virginia-based signals intelligence (SIGINT) mission company. The deal expands Altamira’s SIGINT capabilities and brings VaST’s mission-focused engineering, TCPED expertise, and national security customers into Altamira’s portfolio (Altamira is PE-backed and serves as the platform for this add-on).