Medtech Acquisition: OceanSound Partners Acquires PAR Excellence Systems

Monday, 9 September 2024, 07:24

Medtech acquisition news: OceanSound Partners has acquired PAR Excellence Systems, a Cincinnati-based medical tech manufacturer, from Northlane Capital Partners. Financial terms remain undisclosed. This acquisition highlights the growing interest in the medtech industry and the investment dynamics surrounding it.
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Medtech Acquisition: OceanSound Partners Acquires PAR Excellence Systems

Medtech acquisition news has taken a significant turn as OceanSound Partners has acquired PAR Excellence Systems, a Cincinnati-based medical tech manufacturer, from Northlane Capital Partners (NCP). The details of the financial terms of this transaction remain undisclosed; however, it emphasizes the escalating interest in the medical technology sector. NCP initially invested in PAR Excellence Systems back in 2017.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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