Paragon Partners completed the acquisition of WEKA Group.

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.