Prairie Capital, a growth-oriented private equity firm, completed the investment in Applied Data, a software company. Financial terms were not disclosed. "Prairie Capital understands the challenges and opportunities inherent to scaling companies. With ADC’s exceptional history with customers as an innovator in the space and Prairie Capital’s resources and guidance, we believe the partnership will take the company to new heights. This recapitalization will help build upon ADC’s market leadership position with grocery and convenience stores," Tony Danielak, Prairie Capital Vice President.