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Lenexa-based Rush Tracking Systems has been acquired by Pharos Capital Group, a private equity firm based in Nashville and Dallas, the companies said Monday.

Financial terms of the deal were not disclosed, but the companies said the deal includes a capital investment that will allow Rush, which specializes in outfitting warehouses with radio frequency identification (RFID) technology, to grow at an accelerated pace.

Rush president and founder Toby Rush said the 100 percent buyout meant company founders and investors “made out very well.”

A buyout for Lenexa-based Rush Tracking