Buyout Desk
Add-onMonday, September 21, 2026

PAR Excellence acquires Terso Solutions from Promega

Madison, Wisconsin-based maker of RFID inventory tracking technology, sold by Promega to OceanSound-backed PAR Excellence.

Terso is based in Madison, Wisconsin, and makes RFID-enabled inventory tracking technology.

Terso has installed thousands of enclosures across hundreds of hospitals and health systems worldwide, including the US Department of Veterans Affairs.

Deal facts

Target
Terso Solutions
Business
Maker of RFID-enabled inventory tracking technology
Acquirer
PAR Excellence
Deal type
Add-on
Headquarters
Madison, Wisconsin
Status
Announced, not yet closed
Announced
Monday, September 21, 2026

Sources

Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.