Ingersoll Rand acquires Paragon Tank Truck Equipment for about $40M

Ingersoll Rand Inc. bought Paragon Tank Truck Equipment, a Catersville, Georgia maker of blowers and pumps for tank truck loading, in an all-cash deal of about $40 million. Paragon has around 55 employees and revenue above $25 million.

“Paragon Tank Truck Equipment has been sold to Ingersoll Rand Inc. [NYSE: IR] for an all-cash purchase price of approximately $40 million.”ec-ma.com

• 1 source
• ec-ma.comParagon Tank Truck Equipment has been sold to Ingersoll Rand | EC Mergers & AcquisitionsFeb 1, 2023

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