Argosy Private Equity Exits Library Systems & Services

Argosy Private Equity has exited its investment in Library Systems & Services, LLC (LS&S). LS&S, headquartered in Rockville, Maryland with a corporate location in Riverside, California, is an outsourced provider of services to public and government libraries across the United States and during Argosy's ownership expanded its service offering and developed the LibraryIQ analytics product. Argosy acquired LS&S in January 2015 and implemented its Value Acceleration Methodology; the buyer was not disclosed in the announcement.