Investment Summary |
|
|---|---|
| Date | 2025-09-24 |
| Target | Paragon |
| Sector | Energy Services and Equipment |
| Investor(s) | Mirion |
| Sellers(s) | Windjammer Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 585M USD |
| Advisor(s) | Baird Moelis & Co. (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2005 |
| Sector | Test/Measurement Equipment |
| Employees | 2,860 |
| Revenue | 861M USD (2024) |
Mirion is a provider of radiation detection, measurement, analysis, and monitoring products and services to the nuclear power, medical, military, and homeland security markets. Mirion Technologies was founded in 2005 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 15 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 9 of 9 |
| State: Texas M&A | 3 of 3 |
| Country: United States M&A | 11 of 11 |
| Year: 2025 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-07-31 |
Certrec
Fort Worth, Texas, United States Certrec is an energy regulatory compliance SaaS and services provider with more than 1,500 cumulative years of engineering and audit experience with the Nuclear Regulatory Commission (NRC), the Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and other regulatory compliance agencies. Certrec was formed in 1988 and is headquartered in Fort Worth, Texas. |
Buy | $81M |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1990 |
| PE ASSETS | 2.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Windjammer Capital is a private investment firm that invests control equity, minority equity, and/or subordinated debt in growing middle-market businesses. The Firm seeks to invest between $50 and $200 million of equity or subordinated debt in companies that generate at least $8 million of EBITDA. Windjammer focuses on North American-based opportunities and prefers companies with scalable business models, differentiated products/services, and that operate in defensible markets. Broad sectors of interest include manufacturing, business services and value-added distribution. Windjammer does not invest in high technology, real estate, and financial services companies. Windjammer Capital was formed in 1990 and has offices in Waltham, Massachusetts and Newport Beach, California.
| DEAL STATS | # |
|---|---|
| Overall | 27 of 27 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 11 of 11 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 27 of 27 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 3 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-09 |
PDU Cables
Minnetonka, Minnesota, United States PDU Cables is a manufacturer of branch circuit power distribution cable assemblies throughout North America. PDU Cables was formed in 1981 and is based in Minnetonka, Minnesota. |
Buy | - |
