PAR Excellence, backed by OceanSound Partners, acquires Promega’s Terso Solutions

• PAR Excellence agreed to acquire Terso Solutions, an RFID inventory tracking unit of Promega, to expand its healthcare supply chain platform.
• Terso’s RFID enclosures, open-air readers, cloud software support real-time tracking of high-value hospital inventory, with thousands of installations worldwide.
• The deal builds on an existing integration with PAR’s TrackCore tissue and implant tracking software across hundreds of shared customers.
• PAR said the combined platform will broaden inventory visibility, tighten cost controls, improve compliance, serving about 1,700 hospitals, or nearly 30% of U.S. hospitals.
• OceanSound Partners LP posted the transaction as a portfolio company update dated Sept. 21, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OceanSound Partners LP published the original content used to generate this news brief on September 21, 2026, and is solely responsible for the information contained therein.