OceanSound Partners has acquired PAR Excellence Systems from Northlane Capital Partners. PAR Excellence delivers inventory management systems—encompassing hardware products and cloud-based software—tailored for government, non-profit, and private healthcare organizations. These systems automate inventory replenishment and offer real-time, system-wide inventory visibility. For instance, the company’s PAR Bins product uses weight-based precision scales to track inventory levels […]
Archives for September 10, 2024
Aterian’s Medical Device Platform Adds Another
Vantedge Medical, a portfolio company of Aterian Investment Partners, has closed the add-on acquisition of Hobson & Motzer. Hobson is the fifth medical add-on acquisition for Vantedge, formerly Vander-Bend Manufacturing, since being acquired by Aterian through its $257 million second fund in May 2018. In October 2023, Aterian closed Aterian Opportunities II LP (AO Fund […]
Selling a Business in 2024: Stepping into the Pitch
Selling an individual or family-owned private company used to be like hitting a golf ball. Today it’s more like swinging at a 98-mph, split-finger fastball. If investment bankers were beginning a sale assignment in 2010, they would ask the business owners to share information on past exchanges with potential buyers. The clients would turn over […]
Vestar Gets a New VP
Vestar Capital Partners has promoted Caroline Ptacek to Vice President from Senior Associate. Vestar specializes in minority and control management buyouts and growth capital investments in the consumer, business and technology services, and healthcare sectors. Ms. Ptacek joined the firm in 2022 and actively supports its investments across these core sectors. Before joining Vestar, Ms. […]
