The private equity group LLR Partners has acquired Paragon Technology Group, a small information technology (IT) supporting the Defense Department and federal health agencies. Terms of the deal were not disclosed. Paragon provides IT, systems engineering and design, and program management services to the Defense Department, including the United States Transportation Command, National Institutes of Health, and the Centers for Medicare and Medicaid Services. Paragon’s annual sales exceed $40 million with the split roughly even between its DoD and federal…
Private Equity Firm LLR Acquires Small Federal IT Services Provider Paragon
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