SMART Global Holdings Acquires Stratus Technologies

Infosys to Acquire Stratus to Accelerate AI-Led Transformation

March 28, 2026

IT Services

Infosys announced a definitive agreement to acquire Stratus, a U.S.-based technology solutions provider focused on property and casualty insurance. The deal is intended to strengthen Infosys’ AI-driven digital transformation capabilities by combining Infosys’ cloud and AI platforms with Stratus’ Guidewire InsuranceSuite services and insurance domain expertise.

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.

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.

Applied Insight Acquires Applied Technology Group (ATG) and Stratus Solutions

February 13, 2019

AI & Machine Learning

Applied Insight, an Acacia Group-backed federal technology services provider, has acquired Applied Technology Group (ATG) and Stratus Solutions to bolster its cloud, analytics and artificial intelligence capabilities for intelligence, defense and federal civilian customers. The add-ons (ATG ~80 employees; Stratus ~100 employees) expand AI's mission-focused capabilities in machine learning, high-scale cloud infrastructure, DevOps and cybersecurity.

Stratus Technologies Acquires Marathon Technologies

September 24, 2012

Software

Stratus Technologies (through its Bermuda holding and U.S. subsidiary) acquired the assets and intellectual property of Marathon Technologies, including the Marathon everRun product line. The deal expands Stratus's software-based application-availability and fault-tolerance capabilities, broadens its partner ecosystem (including Citrix), and transfers Marathon employees in the U.S., U.K. and Japan to Stratus employment.