Getinge Acquires Paragonix Technologies

AMETEK Acquires Paragon Medical from American Securities for ~$1.9B

October 31, 2023

Medical Devices

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.

Getinge Acquires Verrix

November 12, 2021

Medical Devices

Getinge has acquired Verrix LLC, a San Clemente, California-based medical device company developing sterility assurance and infection-control technologies. Outcome Capital served as exclusive strategic and financial advisor to Verrix; Getinge said the acquisition secures its entry into the hospital sterility monitoring segment and expands its infection-control product offering.

Elevance Health Acquires Paragon Healthcare

March 11, 2024

Healthcare Services

Elevance Health has closed its acquisition of Plano, Texas–based Paragon Healthcare, an infusion services and drug therapy provider operating more than 40 ambulatory infusion centers and serving over 35,000 patients. Paragon will operate under Elevance’s CarelonRx pharmacy services segment to expand access to specialty medications and scale infusion capabilities; financial terms were not disclosed (Axios reported the purchase may exceed $1 billion).

Paragon 28 Acquires Assets of Additive Orthopaedics

June 1, 2021

Medical Devices

Paragon 28, Inc. acquired the product lines and related assets of Additive Orthopaedics, including the FDA‑cleared 3D‑printed patient‑specific talus spacer and an integrated cloud‑based pre‑operative surgical planning application. The acquisition expands Paragon 28’s foot‑and‑ankle product offering and accelerates its strategy to integrate smart tools, AI and advanced technologies to improve patient outcomes.

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.

TTI's Exponential Technology Group Acquires Paragon Innovations

September 13, 2021

Engineering Services

Exponential Technology Group (XTG) at TTI, Inc., a Berkshire Hathaway company, has acquired Paragon Innovations, an engineering design services firm based in Richardson, Texas. Paragon will continue to operate under its brand with founder Michael Wilkinson remaining as Vice President and General Manager; the deal expands TTI/XTG's product design and engineering services capabilities and complements its earlier acquisition, Connected Development.