I first found Paragon while searching for people with specific niche M&A experience and expertise. Even if their web site appeared less flashy than others, I had the impression, even on the phone, I was dealing with highly-skilled senior people, not the classic aggressive belt and suspenders kid searching for money. They initially made a conservative evaluation of our business and we decided that it was too low to go ahead at that time. Eight months later, given strong growth of the Company, we gave Paragon an exclusive mandate based on a new expected enterprise value. Their competence was knowing not only the potential buyers but also which were in “acquisition mode”. We received four solid offers and signed an LOI a few months later.
Paragon was able to create and address the information memorandum needs and to drive softly the negotiation, never prevailing over our desires. Their motivation was the success of the transaction for both sides, not a quick and dirty deal good for the seller at first and then full of problems afterward. After the closing, Paragon has continued to monitor our performance in order to make sure that our success story was not a vanishing falling star.
I suggest Paragon to serious entrepreneurs that want to find a long term strategic partner or definitive buyer and not regret the transaction terms and conditions after closing.
When the time came to consider the sale of my chain of pharmacies, I knew that it would be important to assess the entire market and not just focus on a single potential buyer. I knew that working with an M&A advisory would be important and interviewed several firms that specialize in pharmacy sales. After meeting Jonathan Sadock of Paragon Ventures, I knew I found the dedicated team and expertise my family needed to close the deal. I would recommend them to any pharmacy owner looking to sell or merge their pharmacies.
I worked with Paragon Ventures on the sale of one of my previous companies a few years ago. Once again Scott, Marc and Jonathan of Paragon Ventures worked with a strategic focus to close our transaction quickly and quietly. When, not if, I am ready to sell my next company I will certainly work again with Paragon Ventures for the third time.
“They not only have the necessary sales expertise and vast contacts in the industry but more importantly, they possess the knowledge and personal experience of once having gone through this process themselves.”
“Paragon delivered a concise financial picture and an accurate executive summary of my prospective business that withstood due diligence perfectly. I plan all my acquisitions with Paragon!“
“No games, thorough preparation, professional negotiation from start to the final agreement… I was amazed at how smooth you made such a large transaction. Working with Paragon I was confident that I was getting the best deal I could expect. I appreciate the support, encouragement and hand-holding… My family is grateful for the excellent results.”
“We had many suitors and sold our company for a wonderful price…
beyond our expectations. They worked on the sale day and night… although I had a direct offer in hand, Paragon Ventures was able to increase both the price and improve the deal structure. I am glad I did not try to go it alone.”
“Paragon focused on getting me the very best deal possible… the entire process went smoothly and each detail was handled with the utmost professionalism.”
“After making the hardest decision of my life ( to actually sell the business) the next important decision I had to make was who would best represent me and my concerns. Paragon Ventures greatly exceeded my expectations in every way, both financially and in the level of care and service, I received.
I never expected the level of expertise and guidance Paragon provided. It was masterful how they managed each issue to resolution, with the very least amount of disruption to my business, and always with my best interests in mind. Now, with Paragon’s help, the cash in the bank and a smooth transition behind me, I know for certain that I made the right choice.”
“You did a tremendous job in finding a buyer for my company, Miller Medical & Respiratory, Inc. in a very difficult and unsettled marketplace. Your guidance during the process was very valuable and your handling of the transaction was extremely professional.
You made it easy for us to sell our company and got us very good price. What more can I ask from a broker – you did it for us.
My son Steven and I want to thank you for all you have done.
I can only give you the highest recommendation and will be very happy to speak to anyone on your behalf.”