Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
Wellspring Capital Management Sells Paragon Films
- Client News
- December 23, 2021
Paul, Weiss advised New York-based private equity firm Wellspring Capital Management Group LLC in the sale of its portfolio company, Paragon Films, Inc., to Secure Acquisition Inc., a subsidiary of Rhone Capital Group. Financial terms of the transaction were not disclosed.
Paragon is a leading manufacturer of high performance stretch films for transit packaging distributors serving the food and beverage, consumer products, logistics and industrials end markets, among others.
The Paul, Weiss team included, among others, corporate partners Angelo Bonvino, Michael Vogel and Thomas de la Bastide and counsel Christopher Poggi; tax partner Lindsay Parks; intellectual property partner Claudine Meredith-Goujon; real estate partner Peter Fisch; environmental counsel William O’Brien; litigation counsel Steven Herzog; and antitrust counsel Marta Kelly.