Paul, Weiss advised OceanSound Partners in its acquisition of PAR Excellence Systems Inc., a leading provider of supply chain integrity and cost management solutions to the healthcare industry, from Northlane Capital Partners. OceanSound is a growth-oriented private equity firm that invests in technology and technology-enabled services companies serving government and highly regulated enterprise end markets. Northlane and PAR’s management team will continue as investors in the company. Financial terms of the transaction were not disclosed.

The Paul, Weiss team was led by corporate partners Michael Vogel and Angelo Bonvino and included partners Matthew Benedetto, Thomas de la Bastide, Lindsey Wiersma and Marco Masotti and counsel Marc Shepsman; intellectual property partners Chuck Googe and Jonathan Ashtor; tax partner Reuven Garrett; real estate partner Peter Fisch; executive compensation partner Lawrence Witdorchic and counsel Meghan Fox and Jake Glazeski; litigation counsel Audrey Paquet; antitrust partner Marta Kelly and counsel Todd Hahn; and environmental counsel William O’Brien.