Oceus hires new finance chief

Gettyimages.com / Javier Ghersi

The communications technology integrator has been owned by its current private equity backer for three years.

Oceus Networks, a federal technology integrator focused on 5G and other communication solutions, has hired a new chief financial officer in two-decade business veteran Carm Caruso.

Caruso joins Oceus after a one-year stint as CFO at the government IT services company Reli Group. Prior to that, he spent two decades at PwC in its U.S. public sector business and more recently in the firm's office of the CFO.

"His extensive background in financial leadership will be instrumental in supporting our growth strategy and solidifying our position as an industry leader," Oceus chief executive Jeff Harman said in a release.

Oceus was acquired in the summer of 2020 by private equity firm Battle Investment Group, a transaction that also involved the promotion of Harman to lead the company. Former Salient CRGT CEO Brad Antle was appointed executive chairman of Oceus' board of directors.

Herndon, Virginia-headquartered Oceus traces its lineage to when it was the federal arm of Ericsson up until 2011, when the business was acquired by private equity firm Tailwind Capital.