Etna Capital has acquired CodeRoad Inc, a Boca Raton-based provider of digital engineering, software development, and AI solutions for enterprise clients across North America. The acquisition marks a strategic move by Etna to expand its portfolio in the technology services sector, particularly in digital transformation capabilities.

Founded in 2002, CodeRoad offers its Velocity-as-a-Service platform to accelerate enterprise innovation through customized engineering solutions. Dennis Odishoo, CodeRoad's CEO, stated the company is excited to partner with Etna Capital as it transitions into a solutions-first provider, leveraging its VaaS platform to deliver operational leverage for enterprise clients.

The deal represents Etna Capital's continued investment in technology-enabled services companies that provide scalable solutions to enterprise customers. While financial terms were not disclosed, the acquisition positions CodeRoad to accelerate its growth trajectory under Etna's ownership, potentially expanding its market reach and service offerings in the competitive digital engineering landscape.