# Stellex Capital Management acquires Paragon Metals

Stellex Capital Management acquired Paragon Metals, a maker of precision machined components and assemblies with three facilities in southern Michigan, serving automotive, heavy truck and general industrial markets. No financial terms were disclosed.

- Type: Acquisition
- Announced: 2019-02-04
- Where: Hillsdale, Michigan, United States
- Status: completed
- Products: precision machined components and assemblies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Stellex Capital Management](https://endata.com/companies/5668.md) (acquirer)
- [Paragon Metals](https://endata.com/companies/37104.md) (target)

## Sources

- [apex-partners.com](https://apex-partners.com/stellex-buys-paragon-metals/), 2019-02-04: "We intend to invest a significant amount of capital in Paragon to expand the business both organically and through acquisitions in the automotive supplier industry."
- [middlemarketgrowth.org](https://middlemarketgrowth.org/deal-news-stellex-buys-paragon/), 2019-02-04: "We are thrilled to partner with Bruce Swift again through this transaction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.