Stratus Technologies Acquires Marathon Technologies

FluidOne Acquires Marathon Information Technology Services

May 26, 2022

IT Services

Livingbridge-backed FluidOne has acquired Marathon Information Technology Services Ltd, a Microsoft Gold Partner specialising in cloud transformation, modern workplace, security and contact centre solutions. The bolt-on expands FluidOne's Connected Cloud offering — completing its IT capability to better serve mid-market and enterprise customers — and is the firm's fourth add-on under Livingbridge, joining a group with roughly £68m revenue and ~310 staff.

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.

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.

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.

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.

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.