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Announced

ISC to acquire Paragon for $53m.

Synopsis

Information Services, a provider of registry and information management services for public data and records, agreed to acquire Paragon, a provider of recovery services, for $53m. “Paragon has built proven technology and processes that support many large financial institutions in Canada. Over the years we have built a strong foundation based on our technology but also our relationships and customer service. Apart from the additional solutions they will now have to choose from, our customers should be assured that going forward they will have the same great customer experience that they have enjoyed with us over the years,” William Meany, Paragon CEO.

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