OceanSound Partners Acquires PAR Excellence Systems Inc.
September 9, 2024
OceanSound Partners, a New York-based private equity firm, has acquired PAR Excellence Systems Inc., a Cincinnati-based provider of automated inventory management systems for healthcare, from Northlane Capital Partners. Northlane and PAR's management will remain investors; financial terms were not disclosed. OceanSound said it will invest in product development and expansion across government, non-profit, and private healthcare systems.
- Buyers
- OceanSound Partners
- Targets
- PAR Excellence Systems Inc.
- Sellers
- Northlane Capital Partners
- Industry
- Healthcare Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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