Kurt and Keith Filiault

  When we decided to start thinking about selling our business, we wanted to make sure that the company was positioned to receive the most that we could get in the marketplace.    We decided to talk with one of the long established M&A firms and ended up talking to Scott Fife at Paragon Ventures.   He explained the process and what Paragon Ventures offers to the owners who sign up as clients with them.   He analyzed our company financials and gave us an estimated market valuation for our business at that time.    We also discussed several areas that we could improve on and get additional value when the company was sold.

 We worked with them as a Paragon Ventures Private Client Group member and had Scott evaluate our business every couple of months, so that we could see how the value was trending and get a better idea of when to sell.   After several years, we determined that we had increased the company’s market valuation to a point where it made sense to start the official sale process with Paragon Ventures.   Scott worked with us to put the company information together and negotiated a price that was acceptable with both parties in the transaction.   

 When the transaction was completed, we realized that the entire process was very smooth and that working with Paragon Ventures was a worthwhile experience.    Scott became the buffer between the buyer and us so that we could focus on running our business without any employees, customers or referrals knowing that we were selling the company.   We would recommend any business owner who is thinking of selling to contact Scott and learn how you can partner with Paragon Ventures to ensure a successful process.

 Kurt and Keith Filiault

Keene Medical Products

Enfield, CT