Goodwin Advises Paragon on Financing for Investment in Babtec
Goodwin advised Paragon Partners GmbH (“Paragon”) on the acquisition financing supporting its investment in Babtec Informationssysteme GmbH (“Babtec”). The financing was provided by Investec.
Paragon is an owner-managed private investment group founded in 2004 and headquartered in Munich. It invests in mid-sized businesses across the German-speaking region and works closely with its portfolio companies to support sustainable growth and operational development. Paragon manages more than €2.4 billion of equity capital across a portfolio of 12 companies.
Founded in 1994 and headquartered in Wuppertal, Germany, Babtec is a leading provider of software for quality management and integrated management systems in the DACH region. Its platform supports quality processes across product development, production and supplier collaboration. Babtec serves more than 1,300 customers and employs approximately 230 people at locations in Germany, Austria, Switzerland and Spain.
The Goodwin team consisted of Winfried Carli, Folko Moroni, Andreas Breu, Jakob Lutzenberger, and Laura Sollacher (all Private Equity/Finance, Munich).