Paul Hastings announced it advised Chicago-based private equity firm Beecken Petty O’Keefe & Company in the acquisition of Paragon Medical.

Financial terms of the transaction were not disclosed. The transaction is expected to close in early December.

Corporate partner Brian Richards, Tax partner Ziemowit Smulkowski and Finance partner Louis Hernandez led the Paul Hastings team, which also included associates Colby Gifford, Holly Snow and Matthew Stoker.

Paragon Medical is a turnkey supplier of solutions for custom and standard surgical instrument delivery systems.