Grafine Partners and Atlantic Ridge Capital to Acquire Paragon Films

Playfly Sports Acquires Paragon Marketing Group

March 10, 2025

Marketing & Advertising

Playfly Sports has acquired Paragon Marketing Group to expand its capabilities in brand consulting, event creation, content development and live sports production, particularly across the high-school sports landscape. Paragon will operate as a wholly owned subsidiary called Paragon Sports Marketing, with founding partners Rashid Ghazi and Julie Simmons overseeing the unit to integrate Paragon’s events, media relationships and client partnerships into Playfly’s commercial platform.

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.

Mercer Global Advisors Acquires Paragon Wealth Strategies, LLC

December 5, 2023

Wealth Management

Mercer Global Advisors, a national RIA backed by Oak Hill Capital and Genstar Capital, has acquired Paragon Wealth Strategies, a Jacksonville-based wealth management firm managing approximately $495 million in AUM and serving over 400 clients. The deal expands Mercer’s footprint and capabilities in Florida and brings Paragon’s partners and advisory team into Mercer’s national platform.

Rhône Group Acquires Paragon Films from Wellspring Capital

December 23, 2021

Packaging

Rhône Group has acquired Paragon Films, a leading North American manufacturer of high-performance stretch films, from Wellspring Capital Management. The transaction is a secondary buyout intended to support Paragon's continued growth in sustainable, high-performance packaging solutions; financial terms were not disclosed.

Peak Rock Capital Affiliate Acquires Paragon Healthcare, Inc.

September 15, 2020

Healthcare Services

An affiliate of Peak Rock Capital completed the acquisition of Paragon Healthcare, Inc., a provider of ambulatory and home infusion services and specialty pharmacy. Peak Rock said it will partner with Paragon's management to support geographic expansion and continued growth through organic initiatives and strategic acquisitions.

Wellspring Capital Management Acquires Paragon Films

March 29, 2019

Manufacturing

Wellspring Capital Management has acquired Paragon Films, a Broken Arrow, Oklahoma-based manufacturer of high-performance stretch film, from Wind Point Partners. Financial terms were not disclosed; Wellspring said it will support Paragon's growth through internal initiatives and selective acquisitions while partnering with the existing management team.