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Announced

Completed

Paragon Partners completed the acquisition of WEKA Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Friendly

business support

Private

Germany

Business Process Outsourcing

Single Bidder

Private Equity

Majority

Domestic

Synopsis

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Private equity firm Paragon Partners completed the acquisition of WEKA Group, a provider of specialist information, software, advanced educational training and services. Financial terms were not disclosed. "I am happy to have found in Paragon Partners a determined and reliable shareholder with excellent references. This, coupled with its experience in the media industry, lays the foundation for a successful further development of the WEKA Group. With Paragon, we see the future of WEKA, our employees and our business partners in good hands and are eager to become part of the Paragon family. Under new ownership, the management and the employees of WEKA Group will continue to strive for WEKA’s success," Wolfgang Materna, WEKA Managing Director.

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