ECI Partners Acquires Paragin Group from Main Capital Partners

PAI Partners Agrees to Acquire Majority Stake in ECF Group

June 14, 2023

Logistics & Distribution

PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.

Apax Funds Increase Investment in ECI Software Solutions; GIC Joins with LGP

February 28, 2025

Cloud & SaaS

Apax Funds, advised by Apax Partners LLP, has reached an agreement to increase its equity stake in ECI Software Solutions and will become a co-control owner alongside Leonard Green & Partners (LGP); GIC also made a substantial new investment. The transaction is intended to support ECI’s continued growth — including accelerated M&A and international expansion — as the company continues to scale its cloud-based, industry-specific ERP and business management software.

ECI Partners Acquires BCN Group

June 20, 2022

IT Services

ECI Partners has acquired BCN Group, a Manchester‑headquartered Managed Service Provider, from Beech Tree Private Equity in a full realisation. The investment will fund BCN's continued buy‑and‑build strategy and accelerate capability and geographic expansion across managed IT, cloud and digital transformation services.

Digital Capital Partners Acquires PAIRIN

May 20, 2025

Education

Digital Capital Partners (DigiCap) has acquired PAIRIN, an AI-powered workforce development software company best known for its My Journey platform. PAIRIN's management will remain in place while DigiCap provides oversight, executive leadership and resources to accelerate product development and expand its public-sector and education-focused go-to-market.

AE Industrial Partners Acquires Israeli Spyware Vendor Paragon

December 13, 2024

Cybersecurity

AE Industrial Partners has acquired Israeli spyware vendor Paragon, closing the deal on Dec. 13 for about $500 million with reports the transaction could be worth up to $900 million. AE plans to merge Paragon with Virginia-based cybersecurity firm Red Lattice; Paragon was founded in 2019 by former Israeli intelligence officers and has a U.S. subsidiary.

ECI Partners Acquires TAG (travel & event management company)

October 4, 2024

Professional Services

ECI Partners has made a majority investment in TAG, the high-touch travel and event management firm, providing an exit for Apiary Capital. TAG, founded in 1988 and employing about 450 people globally, will partner with ECI to invest in technology, scale its global footprint and accelerate growth across entertainment and corporate travel markets.