PAR Excellence Acquires Healthcare Inventory Tracking Company Terso Solutions

Paul, Weiss advised OceanSound Partners portfolio company PAR Excellence Systems Inc., a leader in supply chain integrity and cost management solutions for the healthcare market, on its acquisition of Terso Solutions Inc. from Promega Corporation. Terso is a leader in ultra-high frequency radio-frequency identification (RFID) inventory tracking technology for the healthcare industry. Financial details were not disclosed. 

The Paul, Weiss team was led by corporate partners Angelo Bonvino, Michael Vogel and Erika Detjen, and included, among others, partners Thomas de la Bastide, Joseph Friedman and Steven Kaye; tax partner Reuven Garrett; intellectual property partner Chuck Googe, and counsel Matthew Rosenberg and Georgina Hoy; real estate partner Peter Fisch; executive compensation partner Lawrence Witdorchic; and litigation counsel Audrey Paquet.