AMETEK Acquires Paragon Medical from American Securities for ~$1.9B
October 31, 2023
AMETEK, Inc. has agreed to acquire Paragon Medical, a Pierceton, Indiana-based contract manufacturer of medical components and instruments, from private equity firm American Securities in an all-cash transaction valued at approximately $1.9 billion. The deal advances AMETEK’s capabilities and footprint in medical device manufacturing and is subject to customary closing conditions and regulatory approvals.
- Buyers
- AMETEK, Inc.
- Targets
- Paragon Medical
- Sellers
- American Securities LLC
- Industry
- Medical Devices
- Location
- Indiana, United States
- Transaction Type
- Buyout
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