Rhône Group Acquires Paragon Films from Wellspring Capital

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.

Luxaviation Group Acquires Paragon Aviation Group

May 27, 2024

Aerospace & Defense

Luxaviation Group has completed the full acquisition of Paragon Aviation Group, integrating Paragon’s network of FBOs and international handling agents into Luxaviation’s global business aviation platform. The deal expands Luxaviation’s fixed-base operator (FBO) network to over 140 locations and strengthens its global service offerings for general and business aviation customers.

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.

Pacteon (GenNx360 Portfolio) Acquires Phoenix Wrappers

April 1, 2021

Packaging

Pacteon, a packaging automation platform backed by GenNx360 Capital Partners, has acquired Phoenix Wrappers, a Laval, Quebec-based manufacturer of semi- and fully-automatic stretch wrapping equipment. The acquisition adds stretch-wrapping technology to Pacteon's portfolio and expands its end-to-end packaging line integration and automation capabilities.

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.

Stellex Capital Management Acquires Paragon Metals, LLC

February 14, 2019

Manufacturing

Affiliates of Stellex Capital Management have acquired Paragon Metals, a precision-machining manufacturer serving automotive and industrial applications. Stellex plans to invest capital to grow Paragon organically and via acquisitions; founder Mike Smith exited and Bruce Swift was named CEO following the deal.