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Paragon Energy Solutions Acquires Intellectual Property Of Pentas Controls

Mar 01, 2023•over 2 years ago

Acquiring Company

Paragon Energy Solutions

Acquired Company

Pentas Controls

Renewable EnergyOil And GasEnergyManufacturing

Description

Paragon Energy Solutions, a leading supplier of safety-related products and components for the nuclear industry, has acquired the intellectual property of Pentas Controls, a company that has supplied safety- and non-safety-related printed circuit board replacements and repair services to the nuclear industry for over twenty years.

Company Information

Company

Paragon Energy Solutions

About

For more than 30 years, Paragon has provided an unmatched level of commitment to tackling the nuclear industry's most difficult challenges. Dedicated to quality, safety, reliability, and carbon-free energy, the company delivers premium products to nuclear energy facilities with proven reductions in direct costs, parts inventory, improved process efficiency, and obsolescence solutions. www.paragones.com or (865) 966-5330. Follow Paragon on YouTube, LinkedIn or Twitter. SOURCE Paragon Energy Solutions, LLC

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed