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PAR Excellence Completes Strategic Combination With TrackCore
- Client News
- March 10, 2025
Paul, Weiss advised PAR Excellence Systems Inc., a leading provider of supply chain integrity and cost management solutions to the healthcare industry and an OceanSound Partners portfolio company, in its strategic combination with TrackCore, Inc., a leader in automated tracking and compliance software-based solutions for biological tissue and implantable devices. Financial terms of the transaction were not disclosed.
The combined company will integrate TrackCore’s industry-leading cloud-based software platform and Radio Frequency Identification (RFID) capabilities with PAR’s best-in-class inventory management technology, enabling hospitals to gain control of their supply chains by eliminating one-off inventory solutions, reducing waste, ensuring regulatory compliance and achieving cost savings.
The Paul, Weiss team was led by corporate partners Michael Vogel and Angelo Bonvino, and includes counsel Marc Shepsman; intellectual property partner Chuck Googe; tax partner Reuven Garrett; real estate partner Peter Fisch; litigation partner Geoffrey Chepiga and counsel Audrey Paquet and Benjamin Klein; antitrust partner Marta Kelly; executive compensation counsel Meghan Fox; and environmental counsel William O’Brien.