Crescent Capital Group’s European Specialty Lending strategy led the financing to support the acquisition of Paragin, a provider of exam and assessment software, by U.K.-headquartered mid-market private equity firm ECI Partners from Main Capital Partners.
“Paragin has established itself as a leading provider of essential assessment software, with a strong market position and clear opportunities for continued international expansion,” Christine Vanden Beukel, managing director and head of Crescent’s European Specialty Lending strategy, said. “We are pleased to partner once again with ECI Partners, with whom we have worked on a number of previous transactions, demonstrating the strength and depth of our sponsor relationships. We look forward to supporting Paragin’s next phase of growth and to provide flexible capital tailored to the company’s strategic objectives.”
