Grafine Partners and Atlantic Ridge Capital Announce Acquisition of Paragon Films for $900 Million
Grafine Partners and Atlantic Ridge Capital have agreed to acquire Paragon Films, a manufacturer of advanced films used in product protection during storage and transit. The transaction is valued at approximately $900 million and expected to close by the end of Q4 2026. Paragon's proprietary technology enables thinner-gauge film with superior performance while reducing material use and waste for customers across multiple industries, including food and beverage, e-commerce, retail, and industrial sectors. Elizabeth Weymouth of Grafine Partners highlighted strong conviction in Paragon’s long-term growth potential due to its differentiated position and durable demand. Eytan Tigay from Atlantic Ridge Capital emphasized the company's focus on innovation and customer value, noting significant opportunities for further development through this partnership. The deal marks a key milestone in the strategic collaboration between Grafine and Atlantic Ridge.
Topics: acquisition growth investment industrial manufacturing private equity