Paragon Partners continues its growth trajectory, marking recent months with significant achievements. Building upon a strong foundation, the firm has solidified its position as a premier investment manager in the European landscape. The successful closing of its latest flagship fund, securing €1.2 billion in capital commitments, represents a remarkable 50% increase compared to its predecessor, underscoring investor confidence and market recognition. Paragon Partners extends its gratitude to Rede Partners LLP for their instrumental role in achieving this outstanding fundraising success.
Recent transactional activity highlights Paragon Partners’ strategic investment approach. The firm has expanded its portfolio with the acquisition of Primed Halberstadt Medizintechnik, a significant player in the medical technology sector. This acquisition aligns with Paragon Partners’ focus on investing in robust and growing industries.
Simultaneously, Paragon Partners successfully completed the sale of WEMAS Absperrtechnik GmbH to SEKISUI JUSHI CORPORATION of Japan. This divestiture demonstrates Paragon Partners’ ability to create value and deliver successful exits for its portfolio companies, attracting international strategic buyers.
Paragon Partners’ portfolio companies continue to demonstrate positive momentum. Castolin Eutectic, DUO PLAST AG, and WEKA Group are all progressing positively, reflecting the active support and strategic guidance provided by Paragon Partners to foster growth and operational excellence.
The firm’s commitment to nurturing talent and expanding its capabilities is further evidenced by recent team developments. Paragon Partners announced well-deserved promotions for Björn Borrmann and Nico Kranzfelder to Managing Director, Jan Oechsner and Christoph Lotz to Principal, and Philippa Bensel to Director. These promotions recognize the significant contributions of these individuals to the firm’s success.
Adding further strength and expertise to the team, Paragon Partners welcomed Jan-Ole Gerschefski as Partner, Maximilian Mueller as Director, Daniel Braun and Christoph Millwood as Associates. These new additions bring diverse skills and perspectives, enhancing Paragon Partners’ ability to identify and execute compelling investment opportunities.
With a record-breaking fund, strategic acquisitions and divestitures, strong portfolio performance, and a growing team, Paragon Partners is well-positioned for continued success. The firm looks forward to building on this momentum and delivering value for its investors and partners.
