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PennSpring Capital to buy PSST

Private equity firm, PennSpring Capital, has acquired Professional Systems Software & Technology (PSST), PE Hub reported. Financial terms of the transaction were not announced. Louisville, Kentucky-based Professional Systems Software & Technology is a software firm that provides data integration solutions for school districts and municipalities. American Fortune Mergers & Acquisitions acted as financial advisor to PSST and Slone & Benton PSC were its legal advisors. K&L Gates LLP provided legal counsel to PennSpring Capital on the transaction.

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PE Deals,private equity