About PAR Excellence
PAR Excellence is a Healthcare company based in Cincinnati (United States) founded in 1997, and was acquired by OceanSound in September 2024. Supply chain logistics services are provided for the biopharma sector. It operates on a SaaS (Software-as-a-Service) and Managed Services model. PAR Excellence has completed 1 acquisition, including NotiSphere. PAR Excellence offers products and services including Inventory Management Platform, Electronic Shelf Labels, and Workforce Optimization. Its focus areas include Health Technology and Supply Chain Solutions. Its legal entity is PAR Excellence Systems, Inc. Its competitors include McKesson, Resilience and ASP Isotopes; 1 of its 3 listed competitors has raised funding.
Company details
Healthcare supply chain data intelligence is delivered by PAR Excellence through a unified platform. Real-time tracking, inventory automation, and workforce optimization are offered to healthcare providers. Solutions for recall management, tissue tracking, and clinical supply chain optimization are included. The platform integrates data across organizations to reduce waste and improve efficiency. Over 30 years of expertise in healthcare supply chain management are utilized to empower teams with actionable insights for better care delivery.
- Headquarters Cincinnati, United States
- Stage Acquired
- SectorsHealthcare
- Phone•••• ••••
- Website parexcellence.com
- Acquired by OceanSound (Sep 2024)
- Legal Name Par Excellence Systems, Inc.
- InvestorsNorthlane Capital Partners
& 1 more
- Investments & Acquisitions
- Acquired byOceanSound
(Sep 2024)
Products & Services of PAR Excellence
PAR Excellence offers a comprehensive portfolio of products and services, including Inventory Management Platform, Electronic Shelf Labels, and Workforce Optimization.
Real-time tracking of inventory for healthcare providers.
Digital labels for modernized inventory shelf management.
Tools to enhance workforce efficiency in healthcare.
Funding Insights of PAR Excellence
- Total Rounds 2
- Investors Count 1
All 2 funding rounds of PAR Excellence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2017 | Private Equity Round | – | – | ||
| Jun 2017 | Unspecified | – | – |
2 investors in total: 2 institutional.
Investors in PAR Excellence
PAR Excellence has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Northlane Capital Partners and OceanSound Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| northlanecapital.com | ||||
Private equity firm investing in technology and technology-enabled services for government and enterprise markets. | oceansoundpartners.com |
Investor details for PAR Excellence
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PAR Excellence
39 people are tracked at PAR Excellence (10 in leadership, 29 in team).
| Name | Role | Group |
|---|---|---|
Chris Ormond | Director Government Accounts And Canada | Leadership |
Thaddeus MacKrell | Chief Executive Officer | Leadership |
Ray Mansell | Director Technical Operations | Leadership |
Tom Kochan | Vice President & Chief Technology Officer | Leadership |
Scott Copeland | Director Of Electrical Engineering | Leadership |
Richard Felger | Vice President, Sales & Marketing | Leadership |
Randy Hensler | Vice President, Operations | Leadership |
Vern Britton | Director, Client Implementations | Leadership |
Matt Abelson | Vice President Of Sales & Marketing | Leadership |
Sarah Cottongim | Vp, Client Operations | Leadership |
Joe Lafountaine | Client Success Manager | Team |
Nate Penny | Regional Operations Manager | Team |
Brad Pennington | System Administrator | Team |
Tehani L. | Program Manager, Commercial Operations | Team |
Robert Even Jr | Account Manager | Team |
Theo Montague | Implementation Manager | Team |
Richard Longoria | Implementation Manager | Team |
Bryan Dorynek Mba, Pmp, Smc | IT Project Manager | Team |
Tara Lapinski | Program Manager, Cloud IT Integrations | Team |
Katy Presley | Marketing Coordinator | Team |
19 more people are available in the full profile.
Complete people profiles for PAR Excellence
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by PAR Excellence
PAR Excellence has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NotiSphere.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
A digital platform for healthcare care-team communication is offered. | notisphere.com | Manhattan Beach, United States | 2018 | Jan 2025 | •••• |
Complete acquisition details for PAR Excellence
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of PAR Excellence
5 dated milestones of PAR Excellence across 28 years, from founding to its latest funding, stage changes and deals.
- Founded PAR Excellence is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round,.
- Exit Acquired by OceanSound.
- Acquisition Acquires NotiSphere.
Competitors of PAR Excellence
PAR Excellence has 3 listed competitors in our database, 1 of them funded. They include McKesson, Resilience and ASP Isotopes.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mckesson.com | 1833 | Irving, United States | 51,000 | Products and services are provided in the healthcare industry. | ||
| resilience.com | 1995 | San Diego, United States | $1.99B | Supply chain services for biopharma sector are provided. | ||
| aspisotopes.com | 2021 | Boca Raton, United States | 4 | Supply chain solution services for isotope production are provided. |
Detailed competitors of PAR Excellence
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of PAR Excellence
The website of PAR Excellence (parexcellence.com) receives about 4.2K visits a month.
- Monthly visits4.2K
▼ 24.8% vs previous month
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as PAR Excellence (Biopharma Outsourcing & Drug Delivery) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Suite solutions are provided for payers and healthcare providers. | 1998 | Princeton, New Jersey, United States | USD 220 M | USD 374.1 M | 4,490 | |
Wearable insulin infusion systems are developed for diabetes patients. | 2000 | Boston, Massachusetts, United States | USD 120.4 M | USD 2.71 B | 3,900 | |
Developer of small-molecule drugs | 1991 | Los Angeles, California, United States | USD 50 M | USD 348.97 M | 407 |
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Related news about Par Excellence
Complete news archive for PAR Excellence
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Frequently Asked Questions about PAR Excellence
PAR Excellence was founded in 1997 and raised its 1st funding round 20 years after it was founded.
PAR Excellence is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
Healthcare supply chain data intelligence is delivered by PAR Excellence through a unified platform. Real-time tracking, inventory automation, and workforce optimization are offered to healthcare providers. Solutions for recall management, tissue tracking, and clinical supply chain optimization are included. The platform integrates data across organizations to reduce waste and improve efficiency. Over 30 years of expertise in healthcare supply chain management are utilized to empower teams with actionable insights for better care delivery.
PAR Excellence's top competitors include McKesson, Resilience and ASP Isotopes.
PAR Excellence offers Inventory Management Platform, Electronic Shelf Labels, and Workforce Optimization.
PAR Excellence has made 1 acquisition, including NotiSphere.
PAR Excellence has 2 investors. Key investors include Northlane Capital Partners, and OceanSound Partners.
PAR Excellence operates through Par Excellence Systems, Inc..
Yes. PAR Excellence was acquired by OceanSound in September 2024.