Baird's Investment Banking Group is pleased to announce the following transaction:

Date:
December 2021
Company:
Paragon Energy Solutions, LLC
Description:
Sale to Windjammer Capital
Sector(s):
Technology & Services
Industrial
Baird served as exclusive financial advisor to Paragon Energy Solutions, LLC on this transaction

Paragon Energy Solutions, LLC ("Paragon" or the "Company"), a portfolio company of Argosy Private Equity ("Argosy"), was recently acquired by Windjammer Capital Partners ("Windjammer"). Terms of the transaction were not disclosed.

Paragon is a leading independent provider of critical parts and services for existing utility nuclear power generation facilities and the next generation of advanced small modular nuclear reactor technologies. Paragon provides a wide range of products including electrical, sensor, power management, instrumentation and controls, HVAC, mechanical and flow components, that are necessary for nuclear power facilities to operate safely and in accordance with strict regulatory standards. Paragon is headquartered in Fort Worth, Texas.

Argosy, founded in 1990, specializes in providing capital and operating and financial expertise to lower middle market companies across a broad range of industries. Argosy Private Equity is a division of Argosy Capital Group, Inc. ("Argosy Capital") together with Argosy Real Estate Partners, Argosy Credit Partners, Argosy Strategic Partners and Argosy Healthcare Partners. Argosy Capital is an investment adviser with approximately $1.9 billion of assets under management. Argosy is headquartered in Wayne, Pennsylvania.

Windjammer Capital is a national private equity investment firm that invests control equity in middle-market businesses and in partnership with management. Since its founding in 1990, Windjammer has managed over $2 billion of committed capital with respect to its control equity investment strategy, and since inception, has completed over 60 platform investments and more than 160 strategic add-ons. Windjammer is headquartered in Waltham, Massachusetts and Newport Beach, California.

For additional information about this transaction, please contact:

John Lanza +1-414-298-7669
Rob Kaderavek +1-414-298-5260
Doug Henry +1-312-609-7016
Don McCunniff +1-414-298-7717
Martin Luen +44-20-7667-8381