ParagonX Holdings Divests Canary Travel and AV Rover

November 5, 2024

ParagonX Holdings, Inc. announced agreements to divest two subsidiaries, Canary Travel and AV Rover, as part of a broader transformation and debt-restructuring plan managed by Caprino Management, LLC. The divestitures are intended to reduce debt, simplify the company's portfolio, and position ParagonX to return to compliance with OTC Markets and pursue accretive opportunities.

Targets
Canary Travel, AV Rover
Sellers
ParagonX Holdings, Inc.
Location
United States
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.