Press Release
October 28, 2022

Holland & Knight Advises The Ambit Group on Acquisition by DMI

TYSONS, VA (October 28, 2022) — Holland & Knight advised The Ambit Group LLC on its acquisition by DMI, a portfolio company of OceanSound Partners and global leader in digital transformation services. The acquisition will further enhance DMI’s comprehensive suite of digital services and expand its portfolio of customers and contract vehicles in high-priority federal markets. The deal was announced on October 27.

Ambit delivers next-generation digital transformation services to federal agencies with wide-ranging missions across homeland security, regulatory and civilian services. The firm, which is headquartered in Vienna, Virginia, is known for its focus on mission performance improvement and brings vast experience serving clients within the federal financial, national security and and federal science communities, including the U.S. Securities & Exchange Commission (SEC), Federal Emergency Management Agency (FEMA) and the Consumer Financial Protection Bureau (CFPB), among others.

Holland & Knight Partners Adam August and Jose Morales led the firm's representation of Ambit in the deal.

More information about the transaction can be found here.

Holland & Knight's corporate practice is ranked as a national first-tier firm in Leveraged Buyouts and Private Equity Law, Corporate Law and M&A Law in the 2022 U.S. News – Best Lawyers "Best Law Firms" guide. The firm is consistently ranked among the Top 25 law firms in the nation advising on U.S. M&A transactions by deal count in Refinitiv and other league tables. Through the HK Deal Flow® program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.

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