Open Systems Technologies Acquires Stratum Technology

Vervint (formerly OST) Acquires Stratum Technology

December 31, 2021

Cloud & SaaS

Vervint (formerly Open Systems Technologies/OST) acquired Texas-based cloud service provider Stratum Technology on December 31, 2021. The purchase expands Vervint’s cloud professional services and Azure/AWS managed services capabilities, adding Stratum’s architects, engineers and healthcare cloud (Epic) expertise to Vervint’s offerings.

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.

BlueAlly Acquires Strata Consulting

August 2, 2023

IT Services

BlueAlly Technology Solutions, a Source Capital portfolio company, has acquired Strata Consulting, a San Francisco Bay Area consulting firm specializing in security, compliance, DevOps and AWS cloud services. The add-on deal expands BlueAlly's capabilities in security, compliance and cloud engineering and integrates Strata's consulting and managed-services expertise into BlueAlly's national IT services platform.

Pole Star Global Acquires StratumFive Group

October 17, 2023

Software

Pole Star Global has acquired StratumFive Group to integrate StratumFive's Podium5 voyage informatics platform into its maritime intelligence suite. The deal strengthens Pole Star's fleet monitoring, voyage optimisation and emissions-tracking capabilities; StratumFive's founder and CEO will join Pole Star in newly created leadership roles.

Total Resource Management Acquires Stratum Consulting Partners

March 20, 2025

IT Services

Total Resource Management, Inc. (TRM), a PE-backed enterprise asset management and digital transformation advisory firm, has acquired Stratum Consulting Partners to strengthen its HxGN EAM capabilities. The acquisition expands TRM's service portfolio across IBM Maximo, HxGN EAM and SAP PM; Stratum's team and expertise will be integrated into TRM's platform backed by 424 Capital.

KKR Acquires OSTTRA from S&P Global and CME Group

October 10, 2025

Financial Services

KKR has completed the acquisition of OSTTRA from a 50/50 joint venture owned by S&P Global and CME Group for a total enterprise value of $3.1 billion. OSTTRA, a post-trade services provider serving banks, broker-dealers and asset managers, will be owned by KKR following the closing; proceeds are to be divided evenly between S&P Global and CME Group.