M&A Deal Summary

Paragon Acquires Rock Creek Innovations

On December 20, 2021, Paragon acquired information technology company Rock Creek Innovations

Acquisition Highlights
  • This is Paragon’s 1st transaction in the Information Technology sector.
  • This is Paragon’s 2nd transaction in the United States.
  • This is Paragon’s 1st transaction in Kansas.

M&A Deal Summary

Date 2021-12-20
Target Rock Creek Innovations
Sector Information Technology
Buyer(s) Paragon
Deal Type Add-on Acquisition

Target

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.

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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 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Kansas) 1 of 1
Country (United States) 2 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-11 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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