M&A Deal Summary

TTI Acquires Paragon Innovations

On September 13, 2021, TTI acquired engineering company Paragon Innovations

Acquisition Highlights
  • This is TTI’s 1st transaction in the Engineering sector.
  • This is TTI’s 5th transaction in the United States.
  • This is TTI’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-09-13
Target Paragon Innovations
Sector Engineering
Buyer(s) TTI
Deal Type Add-on Acquisition

Target

Paragon Innovations

Richardson, Texas, United States
website
Paragon Innovations is a provider of engineering and product development services. Paragon creates new technologies and turns products into revenue for clients. Paragon serves Fortune 500 companies and startups and provides turn-key product development services from inception to market launch on time and on budget. Paragon Innovations was founded in 1990 and is based in Richardson, Texas.

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Buyer(S) 1

Buyer

TTI

Fort Worth, Texas, United States

website


Category Company
Founded 1971
Sector Electronics
DESCRIPTION

TTI, Inc. is a distributor of specialist offering passive, connector, electromechanical and discrete components.


DEAL STATS #
Overall 6 of 6
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (Texas) 1 of 1
Country (United States) 5 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-02 RFMW

San Jose, California, United States

RFMW is a specialty electronics distribution company focused exclusively on serving customers that require RF and microwave components and semiconductors, as well as component engineering support. The company continues to expand its list of products from selective suppliers with RF/microwave expertise. RFMW deploys a highly experienced, technically skilled team to assist customers with component selection and fulfillment. RFMW was founded in 2003 and is based in San Jose, California.

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