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MidOcean Partners Announces Sale of Majority Investment in The Planet Group

The Planet Group to Merge with ProPharma Group

New York, NY and Chicago, IL — MidOcean Partners (“MidOcean”), a premier U.S. middle market private equity firm focused on the business services and consumer sectors, today announced it has closed the sale of its majority investment in The Planet Group (“Planet”), which will merge with ProPharma Group (“ProPharma”), a portfolio company of Odyssey Investment Partners.