Burges Salmon advises shareholders of Paragon Software Systems Limited on sale to Aptean

The firm’s Corporate team has advised the shareholders of Paragon Software Systems Limited on its acquisition by Aptean

17 March 2020

Founded in 1991 and having remained at the forefront of the industry for more than 30 years, Paragon is a market-leading provider of transportation management software solutions serving the food and beverage, distribution and retail sectors.

Its acquisition by Aptean, a leading mission-critical enterprise software solutions provider, will help drive Paragon’s next phase of growth as well as support innovation, product development and global expansion.

The Burges Salmon Corporate team advising Paragon shareholders throughout the transaction was led by partner Chris Godfrey and solicitor Briony Barber. ICON Corporate Finance acted as the corporate finance advisers to the shareholders on the transaction.

Chris comments: “We are delighted to have worked closely with the shareholders of Paragon Software Systems and ICON Corporate Finance on this sale process from the very beginning. It has been a pleasure to see a great opportunity secured for the future of the company and to bring the sale to a timely, successful close for the shareholders.”

Simon Moynagh, Partner at ICON Corporate Finance, says: “We are delighted to have worked with the team at Paragon to secure this excellent result. Effective logistics and last mile delivery solutions have never been more important, and Paragon’s algorithms sit at the heart of the delivery of billions of pounds worth of goods. This is a very important transaction for the sector.”

Key contact

Chris Godfrey

Chris Godfrey Consultant

  • Corporate
  • Funds and Asset Management
  • Financial Services

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