Swiss alternatives manager Partners Group has completed a buyout in North America, just days after highlighting its focus on investments and direct deals in the US.

Partners Group has teamed up with US buyout firm Avista Capital Partners and company management to acquire US company Strategic Partners, a maker of medical and school uniforms, from Bank of America Merrill Lynch. Terms of the deal were not disclosed, but the buyers paid roughly $200 million, a person familiar with the matter said. Bank of America's private equity arm paid about $212 million for the company two years ago, according to ratings service Standard & Poor's.