Stout served as exclusive sell-side financial advisor to Paragon Medical in connection with the sale of two plastics manufacturing facilities located in East Providence, RI, and Wallingford, CT, to Clayens NP Group, a portfolio company of One Equity Partners.

Paragon’s East Providence, RI, and Wallingford, CT, facilities are ISO 9001 and 13485 certified manufacturers of specialty plastic components for a broad range of applications serving a variety of end markets, including precision industrial, fluid management, electronics, and aerospace and defense, among others. The divested facilities offer a unique array of plastic molding and fabrication services for low-to-mid volume programs, including precision injection molding, micro molding, plastic optics molding, reel-to-reel molding, precision machining, plastic milling, polishing, annealing, and other post-production, value-added services.

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