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Parthenon, LLR Partners acquire digital payment platform DaySmart

Private equity firm SFW Capital Partners LP announced the sale of digital payment facilities provider DaySmart Software LLC to PCP Managers LP or Parthenon Capital, and LLR Partners Inc.

Financial terms of the transaction were not disclosed.

DaySmart's financial adviser for the transaction was Raymond James Financial Inc. and the legal adviser was Kirkland & Ellis LLP.

SFW Capital Partners invests in information, software, industrial and healthcare technology companies.