M&A Deal Summary

Paragon Acquires Nuclear Logistics

On February 11, 2020, Paragon acquired electrical equipment company Nuclear Logistics from AZZ

Acquisition Highlights
  • This is Paragon’s 1st transaction in the Electrical Equipment sector.
  • This is Paragon’s 1st transaction in the United States.
  • This is Paragon’s 1st transaction in Texas.

M&A Deal Summary
Date 2020-02-11
Target Nuclear Logistics
Sector Electrical Equipment
Buyer(s) Paragon
Sellers(s) AZZ
Deal Type Divestiture

Target

Nuclear Logistics

Fort Worth, Texas, United States
Nuclear Logistics, Inc., is a provider of electrical and mechanical equipment and services for enhancing the safety of nuclear facilities.

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Buyer(S) 1

Buyer

Paragon

Oak Ridge, Tennessee, United States
Category Company
Founded 2000
Sector Transportation
DESCRIPTION

Paragon provides an unmatched level of commitment to tackling the nuclear industry’s difficult challenges. Dedicated to quality, safety, reliability, and carbon-free energy, the company delivers premium products to nuclear energy facilities with proven reductions in direct costs, parts inventory, improved process efficiency, and obsolescence solutions. Paragon was formed in 2000 and is based in Oak Ridge, Tennessee.

DEAL STATS #
Overall 1 of 2
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Rock Creek Innovations

Waverly, Kansas, United States

Rock Creek Innovations is a technology innovation company focused on safety-critical applications. RCI specializes in model-based design and development of safety-critical systems, including Reactor Protection Systems, Engineered Safety Features Actuation Systems, and Load Shed and Emergency Load Sequencers. Rock Creek Innovations is based in Waverly, Kansas.

Buy -

Seller(S) 1

SELLER

AZZ

Fort Worth, Texas, United States
Category Company
Founded 1956
Sector Electrical Equipment
Employees3,873
Revenue 1.5B USD (2024)
DESCRIPTION
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.

AZZ is an electrical equipment manufacturer serving the global markets of industrial, power generation, transmission and distribution, as well as a provider of hot dip galvanizing services to the North American steel fabrication market. AZZ was founded in 1956 and is based in Fort Worth, Texas.

DEAL STATS #
Overall 1 of 3
Sector (Electrical Equipment) 1 of 1
Type (Divestiture) 1 of 3
State (Texas) 1 of 1
Country (United States) 1 of 3
Year (2020) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-30 Preferred Industries

Terrell, Texas, United States

Preferred Industries Ltd. is a privately held powder coating company provides powder and e-coating services to the automotive, HVAC, marine, transportation, medical, industrial, and plastics industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-21 AZZ - Galvabar Business

Catoosa, Oklahoma, United States

AZZ's Galvabar Business is galvanized rebar with a zinc alloy coating that provides both superior corrosion protection and exceptional post-fabrication formability. GalvaBar can be fabricated without special equipment and gives control of product flow and customer service. GalvaBar utilizes the existing supply chains while providing superior customer service and availability.

Sell -
Mergr

Product

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