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 from Corporate team and senior associate Briony Barber. ICON Corporate Finance acted as the corporate finance advisers to the shareholders on the transaction.

Briony 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

Dominic Davis

Dominic Davis Partner

  • Corporate
  • Mergers and Acquisitions
  • Joint Ventures

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